BDC welcomes the intention announced in the Government of Canada’s 2026 Budget to bring BDC and EDC together and to create a single federal development bank. We see a real opportunity to combine complementary strengths and expertise to better serve Canadian entrepreneurs.
The merger has not yet taken place and much remains to be defined. Today, BDC remains BDC. Files and transactions are moving forward, and we remain fully committed to our clients, partners and suppliers. Our mandate and governance remain unchanged at this stage, and our operations continue as usual.
BDC will be fully engaged in the work ahead. Our ambition is to make the entrepreneur journey simpler and more seamless, with easier access to the financing, capital and advice businesses need at every stage of growth.
Our focus, today and for the future, remains clear: we are united for Canadian entrepreneurs.
Frequently asked questions
No. Nothing changes today. We value the trust you place in BDC and remain fully committed to supporting you. Your BDC team remains available, your files continue to move forward and no specific action is required on your part. Our priority remains to offer you an increasingly simple, fast and agile experience.
Yes. Nothing changes today. Agreements entered into with BDC remain in effect and continue to apply according to their terms.
BDC continues to process applications and transactions as usual. Our objective remains to serve our clients quickly and efficiently.
There are no changes today. The future organization and its offering remain to be defined. If changes are eventually made, we will communicate them clearly through BDC’s usual channels. If you are unsure about a communication you receive, verify it with your usual BDC contact before taking action.
Nothing changes today. Continue working with your usual BDC contacts and using the same channels. If anything changes in the future, we will communicate it clearly through BDC’s usual channels. If you are unsure about a communication you receive, verify it with your usual BDC contact before taking action.
No changes are planned today in your relationship with BDC. Your BDC team remains your point of contact and will continue to support you as it does today. Several elements of the future model remain to be defined. Our priority in the work ahead will be to make the journey for entrepreneurs increasingly simple, seamless and efficient.
No. Nothing changes today. Continue using the usual payment arrangements, contact information and instructions. Do not act on any unusual request to change your contact information, payments or instructions without first verifying it with your usual BDC contact.
We see it as an opportunity to make entrepreneurs’ lives even easier. The ambition is to make it easier and faster for them to access the right financing, capital and advice at every stage of their growth, with less complexity and fewer steps along the way. This is the perspective BDC will bring to the development of the future model.
BDC will continue to strictly respect its obligations regarding confidentiality and the protection of personal information. Any information sharing will have to comply with the applicable legal framework.
Yes. Nothing changes today. Existing contracts and purchase orders remain in effect and continue to apply according to their terms. Work under existing contracts and purchase orders continues as usual. No action is required on your part at this time.
No. Continue to invoice BDC using the usual processes, contact information and instructions. Do not act on any unusual request to change your contact information or invoicing instructions without first verifying it with your usual BDC contact.
Nothing changes automatically as a result of the announcement. Work under current engagements continue as usual. If a change were to affect a specific engagement or contract, BDC would communicate directly with the supplier concerned through its usual channels. If you are unsure about a communication you receive, verify it with your usual BDC contact before taking action.
Yes. Nothing changes today. Agreements entered into with BDC remain in effect and continue to apply according to their terms.
Yes. BDC continues to work with its partners and move transactions forward as usual. Our objective remains to serve our partners and clients quickly and efficiently.
No. Nothing changes today. Continue using the usual payment arrangements, contact information and instructions. Do not act on any unusual request to change your contact information, payments or instructions without first verifying it with your usual BDC contact.
Nothing changes today. BDC Capital continues to work with its portfolio companies, funds and partners as planned. Agreements entered into with BDC remain in effect and continue to apply according to their terms.
Not today. Continue to work with your usual BDC contacts.
Nothing changes today. Continue working with your usual contacts and using the usual processes.
Possibly, but the future model remains to be defined. Our ambition will be to use the work ahead as an opportunity to make interactions simpler and more seamless, both for partners and entrepreneurs.
Nothing changes today. BDC continues to work with its partners as planned. Agreements entered into with BDC remain in effect and continue to apply according to their terms.
No. No action is required today. If a change becomes necessary later, BDC will communicate directly with the partners concerned through its usual channels. If in doubt, verify any communication with your usual BDC contact before taking action.
Yes. BDC continues to work with its partners and move transactions and initiatives forward as usual. Our objective remains to serve our partners and clients quickly and efficiently.
No. Nothing changes today. Continue using the usual payment arrangements, contact information and instructions. Do not act on any unusual request to change your contact information, payments or instructions without first verifying it with your usual BDC contact.
Yes. Our work with entrepreneurs and the ecosystem continues. Partnerships that enable us to better reach and support entrepreneurs remain important.
By continuing to listen. This transformation must ultimately benefit entrepreneurs. The perspectives of our partners and the ecosystem can help us better understand what is working today, where complexity exists and where there are opportunities to do better.
The Government of Canada announced its intention to begin a process toward the merger of BDC and EDC. Several elements remain to be defined, and further decisions will need to be made before the merger can take place.
No. For now, it’s simple: BDC remains BDC. The merger has not yet taken place, and the two organizations remain separate. Implementing the merger will require several steps, many of which remain to be defined. The date of the merger will be announced in due course.
Yes. BDC continues to finance, invest in and advise entrepreneurs. Applications, investments, transactions and services are continuing as usual, with the same teams and through the same channels.
No. BDC continues to carry out its current mandate under the Business Development Bank of Canada Act.
The timeline will depend on government decisions, legislative steps and implementation work.
BDC welcomes this announcement with an open mind. We see the work ahead as an opportunity to bring together our strengths and expertise to better serve Canadian entrepreneurs. BDC will actively contribute to this work, with a clear priority: simplifying and accelerating access to the financing entrepreneurs need to grow their businesses.
The opportunity is to make their journey simpler and faster, as we are already striving to do: less time spent navigating the complexity involved in accessing the financing, capital and advice they need, and a simpler, more seamless journey. That is our ambition for what comes next. The model for achieving it remains to be built.
BDC will be fully engaged. We will actively participate in the work and bring our knowledge of entrepreneurs and the market to the initiative. Our compass will remain the same: creating as much value as possible for Canadian entrepreneurs.