The Business Development Bank of Canada is a Crown corporation that provides a wide variety of financial services, including export insurance, bonds, loans, and lines of credit to both Canadian exporters and foreign buyers.

Question

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The Business Development Bank of Canada (BDC) primarily focuses on providing financing, capital, and advisory services to small and medium-sized enterprises in Canada. Export Development Canada (EDC) is the agency that offers export insurance, bonds, loans, and lines of credit to Canadian exporters and foreign buyers.

The Business Development Bank of Canada Is a Crown Corporation