FinDev Canada
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| Formation | 2018 |
|---|---|
| Legal status | Crown Corporation |
| Headquarters | Montréal Canada |
| Owner | Export Development Canada |
CEO | Lori Kerr |
| Website | findevcanada |
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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
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