Since October 25, 1993, with respect to (a), financing from Export Development Canada is used for transactions relating to exports and must be in accordance with EDC’s mandate. EDC may provide support for a sale of aircraft by a Canadian manufacturer to a Canadian airline if doing so would support or develop Canada's export trade or Canadian capacity to engage in export trade or to respond to international business opportunities. With respect to (b), EDC has not provided support for such a sale. Nevertheless, in 1995-96 EDC supported certain export transactions that involved the purchase of Canadian made aircraft by foreign entities, which subsequently leased them to a Canada based carrier. Like all EDC transactions, the details are commercially confidential.
In the House of Commons on October 24th, 2003. See this statement in context.