Canada

Co-financing

Canada is an important source of foreign direct investment in the EBRD countries of operations. As of January 2011 the value of joint Canada-EBRD investment stood at €3.6 billion, of which the EBRD’s portion was €2.5 billion and Canada’s was €1.1 billion. Adding in further investment from other countries and sources, the total value of projects with Canada-EBRD involvement was €10.5 billion. The majority of these deals were in the private sector.

Read more

Consultancy services and procurement

In 2010 the EBRD and its clients awarded 68 consultancy contracts worth €1.31 million to Canadian consultants.

Read more

Cooperation with Canadian banks

The EBRD works closely with Canadian banks involved in the Trade Facilitation Programme (TFP) through which the EBRD guarantees the payment of trade finance instruments (such as letters of credit or payment guarantees) that are issued by banks in EBRD countries of operations to foreign confirming banks.

Read more

Donor funding

The Canadian International Development Agency (CIDA) has been a major contributor to the EBRD’s Technical Cooperation Funds and has contributed about €42 million. Canada’s support has largely been channelled through its own regional funds and through multilateral donor initiatives such as the Early Transition Countries Fund, the Russia Small Business Fund, the Balkan Region Special Fund and the European Western Balkans Joint Fund (EWBJF).

Read more