Partners

Export Development Canada (EDC) in partnership with Mercantile Exchange Corp. (MEC) has entered into a Guarantee Agreement to help Canadian exporters manage the risks of currency instability by purchasing Foreign Exchange Forward Contracts (FEFC).

Who is EDC?
Export Development Canada is a Crown Corporation devoted exclusively to providing trade finance services to support Canadian exporters and investors. For more information please visit EDC’s website at www.edc.ca.

Alliance
Mercantile Exchange proudly conceived and designed this program for the benefit of all Canadian direct and indirect exporters, who can now protect themselves against currency fluctuation without tying up their working capital – thanks to EDC and MEC’s alliance.

Advantage
If you are a qualified* exporter, Mercantile Exchange Corp. will offer you the option of Fixed and Open Foreign Exchange Forward Contracts, at a predetermined exchange rate with a delivery date further into the future, without you having to pledge the usual margin deposit.

Benefits to You
• You gain the financial capacity to enter into a Foreign Exchange Forward Contract to protect yourself against a possible foreign exchange loss.

• Frees up your working capital without the additional cost of borrowing.

• Your existing bank operating line is not impacted.

• You can focus on increasing sales while protecting your profits in international markets

• Most importantly, you don’t pay a penny for this great opportunity.

Get Started
Please call the helpful staff at Mercantile Exchange Corp. toll free at 1-800-268-2682 or locally at (416) 368-3680 to take advantage of this amazing opportunity at absolutely no cost to you.

*Subject to approval by EDC. In order to qualify clients must complete EDC Form and MEC Customer Agreement.

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