EDC employees lend trade expertise to CARE Canada project in Peru



    OTTAWA, May 13 /CNW Telbec/ - Export Development Canada (EDC) announced
today that two employee volunteers have joined a CARE Canada development
project for a 16-week placement to help grow existing small agricultural
businesses in the Ancash region of Peru.
    Marie-Eve Varin-Lacasse and Tim Steed are set to begin work with CARE
Peru's Productivity Development Program, which offers an alternate approach to
small-business development, with the goal of reducing poverty in the region.
    Varin-Lacasse and Steed will be lending their expertise to several local
operations, in order to help grow their businesses, penetrate larger supply
chains, create jobs and secure longer term prosperity.
    "This venture represents a unique opportunity for our employees to
volunteer their talent and know-how, and truly make an impact in a market
where it's needed," said Eric Siegel, President and CEO of EDC.
    "Peru is also a market that EDC has identified as having a great deal of
potential for Canadian business, so this partnership with CARE is an ideal
union of EDC's emerging market business goals and its commitment to corporate
social responsibility," Siegel added.
    EDC also announced today that it was opening its fourth representation in
Latin America in Lima, Peru, in order to expand on the growing trade between
Canada and the greater Andean region.
    "This is a win-win situation," said Kevin McCort, President and CEO of
CARE Canada. "The communities CARE is helping in Peru will benefit and prosper
from the expertise these EDC employees bring, and Canadian exporters will
benefit from the experience they bring back."
    These postings are the first as part of EDC's four-year community
investment partnership with CARE Canada to help develop small businesses in
various emerging markets where CARE has a presence. EDC has committed $200,000
per year to this partnership.

    EDC is Canada's export credit agency, offering innovative commercial
solutions to help Canadian exporters and investors expand their international
business. EDC's knowledge and partnerships are used by more than 8,000
Canadian companies and their global customers in up to 200 markets worldwide
each year. EDC is financially self-sustaining, a recognized leader in
financial reporting and economic analysis, and has been named one of Canada's
Top 100 Employers for eight consecutive years.

    CARE Canada is a leading humanitarian organization fighting global
poverty through long-term development and emergency relief. CARE's success
lies in its work alongside women who, when equipped with the proper resources,
have the power to help whole families and entire communities escape poverty in
the developing world. With the support of Canadians CARE aims to create a
world where every person has the opportunity to realize their potential.




For further information:

For further information: Media contacts: Phil Taylor, Export Development
Canada, (613) 598-2904, BlackBerry: ptaylor@edc.ca; Kieran Green,
Communications Manager, CARE Canada, (613) 228-5678, Cell: (613) 799-7562,
media@care.ca


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