BDC hands out $7.2 billion in loans, paying record dividend to Canadian government
BDC handed out $7.2 billion in loans in the 2019 fiscal year and is making a record dividend payment to the Government of Canada,…
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BDC earmarks $300 million in loans for Atlantic Canada companies
BDC is making an additional $300 million in commercial loans available to Atlantic Canada entrepreneurs, building on a $280…
Prospect adds founding partner BDC as it looks to fill Canada’s talent gap
Non-profit, Prospect has brought on BDC Capital as a founding partner as it looks to fill a data and talent gap in Canada’s…
BDC looks to “double down” on industrial tech with $250 million venture fund
BDC Capital has launched a $250 million Industrial Innovation Venture Fund to invest in tech companies and entrepreneurs working…
Innerspace closes $3.2 million seed round led by BDC’s Women in Tech Fund
Toronto-based Innerspace has announced the close of a $3.2 million CAD seed round as it looks to expand the presence of its…
Terramera secures $13 million CAD investment from BDC
Technology for clean food company Terramera announced Thursday that it has received $13 million CAD in growth capital financing…
BDC Capital teams up with Vertu Capital to acquire Toronto-based Firmex
BDC Capital and Vertu Capital have partnered to acquire virtual data room (VDR) provider Firmex, from Montreal-based private…
BDC report: Labour shortage will curb business investment in 2019, spending will shift to IP, R&D
According to a new report by the Business Development Bank of Canada (BDC), Canada’s labour shortage is the top reason business…
BDC paying $69.7 million dividend to Canadian government
BDC has reported that it will pay a dividend of $69.7 million to the Canadian government, calling it a record for the firm.…
Industrial safety platform Focus FS raises $1.4 million from BDC Capital
St. John’s-based Focus FS, which is developing cloud-based solutions to safeguard industrial worksites, has closed a…
BDC and EDC offering $50 million in loans to tech companies involved in exporting
BDC has partnered with Export Development Canada (EDC) to provide $50 million in funding to Canadian tech businesses involved…
BDC investing total $40 million in four cleantech companies
BDC announced today that it is providing $40 million in funding to four Canadian cleantech companies. The investments are the…
CanCon Podcast Ep. 109: How BDC spends your money to support Women in Tech
When #Budget2018 dropped, we had many questions about the gap between the government’s narrative and the specifics of…
BDC financing $325,000 in loans to support entrepreneurs with mental health and addiction challenges
BDC is financing $325,000 in loans to support entrepreneurs with mental health and addiction challenges. The money will be…
BDC partners with Women’s Enterprise Organizations to connect with women entrepreneurs
BDC is partnering with Women’s Enterprise Organizations Canada (WEOC) in an effort to better connect and support women…