Organization Profile - Export Development Canada

Export Development Canada

The information presented on the following pages is for reference purposes only and should not be considered or relied on as an authoritative or exhaustive source of all Governor in Council appointments or positions.
Board Profile

Crown Corporation (FAA, Sched. III, Part I)

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Minister Responsible

Minister of Export Promotion, International Trade and Economic Development


Export Development Canada's (EDC) mandate is to support and develop Canada’s export trade and Canadian capacity to engage in that trade and to respond to international business opportunities. To fulfill this mandate, EDC provides trade finance and risk mitigation services to Canadian companies involved in export trade. It provides the support exporters needed to succeed in their chosen markets, complementing the programs and services of commercial banks. EDC provides export credit insurance to protect against uncontrollable events such as a buyer refusing to pay. This insurance is often used by Canadian companies to acquire working capital from their banks — because the bank is confident the exporter will collect payment from either the buyer or EDC. It operates like a business, collecting interest on loans and premiums for its insurance. This allows EDC to be financially self-sufficient.

Head Office

Ottawa, Ontario

Appointment Provisions

Export Development Act

Export Development Canada consists of a Board of Directors composed of thirteen directors, including a Chairperson and a President. The Chairperson and the President shall be appointed by the GIC to hold office during pleasure for such term as the GIC considers appropriate. Each director, other than the Chairperson and the President, shall be appointed by the Minister, with the approval of the GIC, to hold office during pleasure for such term not exceeding four years, as will ensure, as far as possible, the expiration in any one year of the terms of office of not more than one-half of the directors. A director is eligible for reappointment.

The Vice-Chairperson shall be elected by the Board from among its members.

The GIC may appoint a person to be an alternate director for any director who is selected from among persons employed in the Federal Public Administration and the alternate director so appointed shall act as a director during any period in which the director for whom he is an alternate is, by reason of absence or incapacity, unable to act.

In the event of the absence or incapacity of the Chairperson, or if the office of Chairperson is vacant, the Vice-Chairperson shall perform the functions of the Chairperson during the absence, incapacity or vacancy.

Where the Vice-Chairperson has been authorized to act as Chairperson and the Vice-Chairperson is absent or incapacitated or the office of Vice-Chairperson is vacant, such of the other directors as are present at a meeting shall, if they constitute a quorum of the Board or of the Executive Committee, select a director to act as Chairperson and the director so selected shall perform the functions of the Chairperson until such time as the Chairperson or Vice-Chairperson is available to perform them.

In the event of the absence or incapacity of the President, or if the office of President is vacant, the Board shall authorize a director or an officer of the Corporation to act as the President for the time being and shall fix the terms and conditions of the appointment and the remuneration, but no person so authorized by the Board has authority to act as President for a period exceeding sixty days without the approval of the GIC.

No officer or employee of a Crown corporation or any of its affiliates, other than the chief executive officer of a parent Crown corporation, shall be a director of the parent Crown corporation.

If a director is not appointed to take office on the expiration of the term of an incumbent director, other than an officer-director, the incumbent director continues in office until a successor is appointed.


The Financial Administration Act requires that before the President and the Chairperson of a parent Crown corporation are appointed, the Minister shall consult the Board of Directors of the Corporation with respect to the appointment.


Six directors (s.5(4) of By-Law No. 1)


The Auditor General is the auditor of the corporation.



  • Fixed by GiC: Position;
    per diem ($410 - $485)
  • Position; annual ($10,500 - $12,400)


  • Fixed by GiC: Position;
    per diem ($410 - $485)
  • Position; annual ($5,300 - $6,200)
  • Directors designated by the Board of Directors to serve as Vice-Chairman of the Board of Directors or as Chairman of a committee of the Board of Directors, other than the Executive Committee, are paid an additional annual retainer within the range ($1,000 - $2,000) for each of the relevant offices.

    Directors who are public servants serve without remuneration.


President & Chief Executive Officer (CEO-6)
Lavery, Mairead
Kirkland, Quebec
Full-Time Appointment
During Pleasure
Abdelmessih, Vivian
Toronto, Ontario
During Pleasure
Boivin, Pierre
Sainte-Foy, Quebec
During Pleasure
Culbert, Heather
Calgary, Alberta
During Pleasure
Gupta, Karna
Oakville, Ontario
During Pleasure
Matuszewski, Pierre
Senneville, Quebec
During Pleasure
Moore, Daniel
Toronto, Ontario
During Pleasure
Payette, Richard
Montréal, Quebec
During Pleasure
Sharma, Manjit K.
Toronto, Ontario
During Pleasure
Telford, Megan
Toronto, Ontario
During Pleasure
Yuers, Kari
Vancouver, British Columbia
During Pleasure
2 Vacant Positions
Total vacancies:2