BMO and EDC announce collaboration to introduce sustainable finance solutions for Canadian businesses 10 May 2022

BMO Financial Group (BMO) and Export Development Canada (EDC) announced an agreement to bring sustainable finance solutions to medium- and large-sized Canadian exporting businesses, to help them transition from carbon-intensive operations to those that can eliminate or significantly reduce emissions. As part of the agreement, BMO is the first financial institution to offer EDC's new Sustainable Financing Guarantee (the Guarantee), a product available through EDC's Sustainable Financing Program – a key source of funding to enable the support that Canadian businesses will need.