FinDev Canada
Formation2018
Legal statusCrown Corporation
HeadquartersMontréal Canada
OwnerExport Development Canada
CEO
Lori Kerr
Websitefindevcanada.ca

FinDev Canada is Canada's development finance institution (DFI) set up in 2018. It has US$1 billion on its balance sheet.[1][2] Its purpose is to provide direct and indirect development financing consistent with Canada's international development priorities. The DFI is wholly owned by Canada's export credit agency, Export Development Canada (EDC).[3] FinDev was set up amid the expansion of development banks by other donors, including the United States, United Kingdom, and Denmark.[4] Its CEO Lori Kerr hails from the World Bank.[5]

References

  1. ↑ Saldinger, Adva (2024-01-09). "Devex Invested: Bilateral DFIs keep growing and growing". Devex. Retrieved 2024-01-11.
  2. ↑ Murphy, Helen (2024-01-10). "Devex Newswire: A 2024 reality check for global development". Devex. Retrieved 2024-01-11.
  3. ↑ "Our story | Development Finance Institute Canada". www.findevcanada.ca. Retrieved 2024-01-11.
  4. ↑ Saldinger, Adva (2024-01-09). "Devex Invested: Bilateral DFIs keep growing and growing". Devex. Retrieved 2024-01-11.
  5. ↑ "FinDev Canada hires CEO". www.africaglobalfunds.com. Retrieved 2024-01-11.
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