Budget 2026 announced that the Government of Canada intends to propose legislative changes that would make the Canadian Commercial Corporation (CCC) a subsidiary of Export Development Canada (EDC).
CCC welcomes the proposal to strengthen the alignment between two organizations dedicated to supporting Canadian exporters. For Canadian companies, closer collaboration across federal export agencies will enhance service, improve access to international opportunities, and reinforce Canada’s competitiveness abroad.
CCC remains committed to its day-to-day operations and core mission. This includes our stewardship and support of the Canada-U.S. Defence Production Sharing Agreement, which will continue without interruption to ensure seamless delivery of this important bilateral program.
Canadian exporters and government partners can expect the same responsive, reliable service and support as we move forward, as CCC continues to provide the specialized procurement, contract structuring capabilities, and risk management services that help Canadian exporters secure and deliver contracts with confidence.
Our focus remains unchanged: helping Canadian businesses succeed internationally while delivering value, reliability, and results for the governments that choose Canada as a trusted partner.
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“We support the Government of Canada’s vision to create a more integrated and coordinated approach to helping Canadian exporters succeed in global markets. We recognize that this announcement raises important questions for Canadian exporters, foreign government customers, employees, and partners. While many details are yet to be determined, what has not changed is CCC’s commitment to delivering trusted government-to-government contracting services and supporting Canadian exporters. We will work closely with Export Development Canada and our federal partners to support the government’s objectives while continuing to deliver the reliable government contracting services and commitments that Canadian exporters and foreign government buyers count on.” – Bobby Kwon, President and CEO, CCC
FAQs
What did the Government of Canada Announce?
In the 2026 Federal Budget, the Government of Canada announced it is undertaking a merger between Export Development Canada (EDC) and the Business Development Bank of Canada (BDC) to become a single federal development bank. It was also announced that the Canadian Commercial Corporation will become a subsidiary of EDC.
Why would the government choose a subsidiary model?
Subsidiary Crown corporation structures are commonly used to group related mandates while maintaining distinct legal entities, specialized expertise, brands, or operational functions. Potential advantages could include closer alignment of complementary mandates, shared corporate services and expertise, coordinated strategy and reporting, and preserving specialized talent and support for exports within a singular Crown agency structure.
What does this mean for CCC?
CCC remains fully operational and will continue to carry out its mandate as outlined in the Canadian Commercial Corporation Act: to support and develop Canada’s export trade through government-to-government contracts. The government’s proposal is for CCC to operate as a Crown corporation while becoming a subsidiary of EDC.
About CCC
CCC is Canada’s government-to-government (G2G) contracting agency. We help build successful commercial relationships between Canadian businesses and governments around the world through our G2Gcontracting approach. We are also the U.S. Department of War designated contracting authority for procurements from Canada. To learn more about how we have facilitated billions in trade between Canadian businesses and governments around the world, visit ccc.ca.