Export Development Canada projects growing ECA competition for export sales

(EDC, Ottawa, 25 April 2006) An EDC report addresses the latest global export conditions, including perspectives on interest rates, exchange rates, as well as export strategies to help Canadian companies minimize risk. "In addition to the global dominoes tumbling into one another, there is a more complex, strategic game of dominoes at play at the geopolitical level," continued Mr. Poloz [EDC Chief Economist]. "We are seeing global powers jockeying for better energy security on one level, and a rise in protectionist rhetoric and practice on another. These two cross-currents have the potential to send major new tremors through global financial markets in the months ahead."