TORONTO, March 3, 2015 /CNW/ - Export Development Canada (EDC), in collaboration with Canadian Association of Mining Equipment and Services for Export (CAMESE), will be hosting matchmaking sessions today and tomorrow during the Prospector sand Developers Association of Canada (PDAC) 2015 convention.
EDC's relationships with leading global buyers across all sectors allows them rare opportunities to connect and introduce pre-screened Canadian companies that match up well with their supply chain needs and future business goals.
The PDAC convention is the world's leading convention for people, companies and organizations in, or connected with, mineral exploration.
EDC is the leading provider of financing for small Canadian companies that have business outside of Canada. This year's matchmaking session at PDAC will bring over 100 Canadian companies to be introduced to interested foreign buyers, with a focus on cleantech and innovation.
"Participating in matchmaking events like this is part of EDC's core focus to bring real world value to our customers," said Johane Séguin, Sector Vice-President, Extractive and Resources, EDC. "That value is our team's ability to really understand the needs of a foreign mining company, and then provide quality introductions to Canadian companies with expertise that match well with their future plans. In so doing, we ensure that nobody's time and resources are wasted."
Participating in this year's EDC/CAMESE matchmaking event will be 6 global mining firms and 50 Canadian businesses. In 2014, EDC worked with partners to conduct 127 match-making sessions across many different sectors. These resulted in 846 introductions between foreign buyers and Canadian suppliers, and led to new business contracts for 395 Canadian companies. More than 75 per cent of these exporters were SMEs.
"For a small businesses interested in expanding to new markets, an event like this is a great opportunity to meet with key foreign buyers and present your company's value proposition," said Ms. Séguin. "If your business has expertise in clean technology or has an innovative mining product/service, now is the time to consider opportunities in the extractive sector. EDC's team can help introduce you to potential new clients at matchmaking events like this."
This four day PDAC convention hosts over 1,000 exhibitors and 30,000 attendees from 130 countries. It includes technical sessions about trends in mining and extractives including green mining and corporate social responsibility workshops.
Canadian companies account for almost half the mining activities in the world and represent approximately 12 percent of Canada's direct investment abroad. These companies create economic development and growth in the countries where they operate, including Canada. The extractive sector employs more than 400,000 Canadians across the country.
For more information about attending one of EDC's matchmaking events call us at 1-888-434-8508 or visit www.edc.ca.
EDC is Canada's trade finance agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities. As a profitable Crown corporation that operates on commercial principles, EDC works together with private- and public-sector financial institutions to create greater capacity for Canadian companies to engage in trade and investment.
For more information about how EDC can help your company, call us at 1-888-434-8508 or visit www.edc.ca.
SOURCE Export Development Canada
For further information: Spokesperson: Caroline Elie, Export Development Canada, (613) 698-7590, [email protected]