EDC, in law, actually reports to the Minister of International Trade. It is an arm's-length crown corporation. It has its own financials, its own books.
Basically, the capitalization is being taken from the existing capital base of EDC.
On May 16th, 2017. See this statement in context.
Director General, International Economic Policy, Department of Foreign Affairs, Trade and Development
EDC, in law, actually reports to the Minister of International Trade. It is an arm's-length crown corporation. It has its own financials, its own books.
Basically, the capitalization is being taken from the existing capital base of EDC.
See context to find out what was said next.