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Export Development Canada
EDC staff members at the annual employee conference in 2020  

Recognized as one of Canada's Top 100 Employers (2021) and National Capital Region's Top Employers (2021):

Here are some of the reasons why Export Development Canada was selected as one of Canada's Top 100 Employers (2021) and National Capital Region's Top Employers (2021):

  • As part of the organization's migration to work-from-home during the pandemic, EDC increased its spending allowance to help set up a home office or for wellness-related items (from $500 to $1,000)
  • EDC manages a LiveWell program to equip employees with tools and resources to build resiliency and increase mindfulness -- additionally, the organization offers a mental health benefit of up to $2,500 per year for related services
  • EDC supports ongoing education with generous tuition subsidies of up to $20,000 and has dedicated an entire floor at its head office for training (15 state-of-the-art classrooms), as well as an onsite library
EDC's brand team promotes the organization's new corporate look and customer experience at their annual employee conference  

Employer Background

Industry International trade financing and support services
Established in Canada 1944
Major Canadian hiring locations Ottawa ON, Toronto ON, Vancouver BC, Mississauga ON, Montréal QC
Full-time employees in Canada 1,756
Full-time employees worldwide 1,775
Workforce engaged on a contract basis 2.82%
Average age of employees in Canada 41 years
Longest serving employee 40.7 years

COVID-19

Pandemic response increased spending allowance for home office set up and wellness related items (to $1,000), relaunched LiveWell site with dedicated resources for COVID-19, introduced virtual health care services and moved 60% of its fitness classes online, offered a one-time flexible payout option to cash out up to 2 weeks of accrued vacation time, matched employee donations to food banks and high-priority local non-profit organizations (over $85,000 donated)

Physical Workplace Rating: A

Commuter amenities transit subsidies, online carpool sign-up, electric vehicle charging stations, secure/sheltered bicycle parking
Workplace features 18-storey head office was built to LEED Gold standards, workplace features cafe and kitchen areas on each floor, customizable meeting spaces as well as large event spaces, training rooms, small private work rooms, in-house catering kitchen for meals and snacks at onsite events, rooftop garden where employees are encouraged to snip kale, tomatoes, fresh herbs and peppers to add to their lunch (or bring home), telecommuter workstations, sit-stand workstations, religious observance room, self-serve lunchroom, outdoor patio
Employee lounge amenities comfortable seating, television, board games, 2 large lounge areas on the 5th and 18th floors, recently commissioned a local artist to create a mural on the 5th floor
Other food options at main location Bridgehead coffee shop and Marcello’s Deli onsite, vending machine stocked with healthy and fresh lunch options (in partnership with a local restaurant)
Onsite fitness facility for employees only, free membership, treadmills, stationary bikes, stairmasters, instructor-led classes (yoga, spin, BodyPump, sports conditioning, martial arts, outdoor boot camp, circuit training), elliptical trainers, rowing machines, weights, shower facilities, employs a full-time fitness coordinator (provides fitness advice and ensures equipment is properly maintained), weekend fitness classes open to friends and family members, the facility is open 24/7
Other nearby amenities YMCA, Confederation Park, Rideau Canal (with skating in the winter), national galleries and museums, Parliament Hill, ByWard Market, Rideau Canal

Work Atmosphere & Communications Rating: A

Employee social committee name EDC Social and Recreation Committee (est. 1980)
Past social events employee sports teams such as hockey and dragon boat, Community Investment Day, president's holiday reception, kids holiday party, annual Toy Mountain campaign
Cultural aspects business-casual dress daily, casual dress Fridays, music while working, employee sports teams
Employee communications intranet site, company newsletter, traditional/email suggestion box, internal social media
Other in-house communications annual full-day employee conference and reception with a variety of breakout and panel sessions, EDC Sounding Board (confidential platform for employees to ask questions about policies, regulations, or anything related to the organization), EDC blogs including executive blogs

Financial Benefits & Compensation Rating: B+

Financial benefits note EDC has multiple employee groups, financial benefits may vary by position
Outside salary surveys participates in outside salary surveys every 12 months
Employee salary reviews individual salaries are reviewed every 12 months
Long-term savings defined-contribution (DC) pension
Long-term planning retirement planning assistance, life & disability insurance
Year-end bonuses available to all employees
Referral bonuses (max) new employee referral bonuses (up to $1,500) for some positions
Signing bonuses available for some positions
Additional financial benefits corporate discount program (e.g. retail, services, travel, etc.), discounts on tickets to major concerts and sporting events

Health & Family-Friendly Benefits Rating: A

Health plan note EDC has multiple employee groups, health plans may vary by position
Health plan premium as part of the health plan, the employer pays up to 100% of the premiums
Flexible coverage health plan is flexible with adjustable premiums and coverage levels
Minimum hours worked for coverage 15 hours per week
Waiting period there is no waiting period for coverage
Family coverage option yes
Dental coverage routine, restorative, orthodontics
Paid sick days employees receive 10 days off each year
Health plan includes traditional coverage (e.g. prescription drugs), employee assistance (EAP) plan, semi-private hospital room, physiotherapy, medical travel insurance, homecare, medical equipment and supplies, massage therapy, nutrition planning, podiatrist, osteopathy, chiropractor, alternative coverage (e.g. acupuncture, naturopathy)
Mental health practitioner benefit up to $2,500 each year
Health spending account up to $1,000 each year
Wellness spending account up to $450 each year
Additional health plan information unused health spending account dollars can be carried forward for up to 1 year, active living account ($450) is for regionally-based employees, paramedical benefit extension program to provide employees and their dependents access to additional services if they exceed the maximum allotment (intended to provide additional financial support for treatment of a severe or chronic medical condition)
Wellness initiatives initiated a wellness interest survey to help shape the organization's future wellness strategy, LiveWell initiative that provides tools and resources to build resiliency and increase mindfulness, free confidential health screenings onsite, wellness open house to connect employees with EDC's wellness providers to learn about the support, programs and services available to them, activities for mental health week
Family-friendly benefits note EDC has multiple employee groups, family-friendly policies may vary by position
In vitro fertilization (IVF) $20,000 per lifetime
Maternity top-up (mothers) up to 95% of salary for 17 weeks
Parental top-up (mothers) up to 95% of salary for 9 weeks
Parental top-up (fathers) up to 95% of salary for 18 weeks
Adoption top-up up to 95% of salary for 18 weeks
Additional family-friendly benefits academic scholarships of up to $2,700 per child
Flexible work options flexible work hours, telecommuting
Additional family-friendly information family caregiver leave for adults (top up to 95% of salary for up to 8 weeks), paid personal leave option for family emergencies (5 to 10 days depending on the situation)

Vacation & Personal Time-Off Rating: B+

Vacation note EDC has multiple employee groups, vacation policies may vary by position
Vacation allowance new employees receive 3 weeks of paid vacation after their first year on the job
Vacation jump vacation increases after 5 years of employment
Maximum vacation allowance employees move to a maximum of 5 weeks of vacation over their career
Paid holiday shutdown during the Christmas to New Year's holiday break, employees receive an additional 3 days off
Personal paid days off employees can schedule 2 personal days off each year, as needed
Unpaid leave of absence option yes

Employee Engagement & Performance Rating: A

Employee performance reviews employees receive individual performance reviews every 6 months
Managers receive performance review training yes
360° feedback option as part of the review process, performance feedback is also solicited from co-workers and other managers familiar with each employee's work
Confidential employee feedback employees can also provide confidential feedback on their manager's performance
Exit interview exit interview option is available for departing employees
Performance recognition individual performance bonuses, long-service awards, peer-nominated awards with nominee profiles posted on the corporate intranet, winners are announced at an annual employee conference (Bravo Awards for employees who exemplify company values, and the Excellence in Customer Service Award, People Leadership Award, and Excellence in Diversity and Inclusion Award)
In-house survey period in-house surveys are conducted every 3 months

Training & Skills Development Rating: A

Career planning in-house career planning services, online employee skills inventory
In-house training initiatives mentoring, in-house training, online training, leadership training, paid internships, subsidies for professional accreditation
Related tuition subsidies employer covers up to 50% of tuition per year
Annual tuition maximum employer pays up to $20,000 in tuition subsidies for job-related courses per year
Unrelated tuition subsidies employer covers up to 50% of tuition per year for courses unrelated to current position
Unrelated tuition maximum employer pays up to $20,000 in tuition subsidies per year for courses unrelated to current position
Education leave educational leaves of absence are available
Unique training & development programs dedicated an entire floor at the head office to classroom learning (15 state-of-the-art training rooms), extensive catalog of online, live and on-demand courses (over 1,500 courses and curated content), language training, biannual leadership conference

Community Involvement Rating: A+

Scope of charitable involvement local, national, international
Employee charitable involvement employees are involved in selection of charities, employees receive paid time off to volunteer, (up to 2 paid days)
Total employee volunteer hours (on company time) over 5,000 hours last year
Some of the community organizations supported CARE Canada, Children's Aid Foundation of Ottawa, Shepherds of Good Hope, Royal Ottawa Foundation for Mental Health, Juvenile Diabetes Research Foundation Canada, Easter Seals Canada, St. Brigid's Summer Camp, Kids Up Front Foundation, to name a few
Charitable giving matches employee donations, matches employee volunteer hours with company donations
Community highlight EDC supports a variety of charitable organizations every year through a formal Charitable Donations program. Established in 2003, the program has provided over 350 donations to over 100 charitable organizations across Canada. The company also hosted its fourth annual Community Investment Day, with more than 1,300 employees volunteering with over 60 of their favourite community initiatives across Canada.

Recognized as one of Canada's Greenest Employers (2021):

Here are some of the reasons why Export Development Canada was selected as one of Canada's Greenest Employers (2021):

  • Along with a rooftop patio and green roof, EDC partnered with Alvéole to introduce two rooftop beehives that are home to 50,000 bees -- in their first season, the hives produced 180 jars of honey, which were sold to employees with the funds donated to United Way
  • EDC's environmental commitment extends beyond the company's internal initiatives with the issuance of green bonds to help support environmental companies or projects that "preserve, protect or remediate air, water or soil, or help mitigate climate change" -- two bonds have been issued thus far with plans for future issuances
  • EDC's staff-led Green Team recently launched a website dedicated to sharing environmental tips, data from the head office's waste audits and information on upcoming green initiatives -- and to accompany a kitchen ban on disposable cutlery, each employee was provided with their own personal set of new reusable cutlery
Green space at the EDC offices   (Photo credit: Gleb Gomberg / ovatio.ca)

Highlights

Industry International trade financing and support services
Major Canadian hiring locations Ottawa ON, Toronto ON, Vancouver BC, Mississauga ON, Montréal QC
Full-time employees in Canada 1,756
Employee green team The Green Team
Senior executive who oversees initiatives VP of Corporate Lending Strategy (leads the Corporate Sustainability and Responsibility Group)
Formal strategy/policy name environmental and social risk management framework, climate change policy (2019)
Publishes sustainability report yes
Green highlights Green Team hosts events (blog posts, lunch-and-learns, donation drives) and launched a website (with environmental tips, data from the building's waste audits, and information on green initiatives), Community Investment Day (included employee volunteers helping at shoreline clean-ups around Ottawa and Gatineau, invasive species removal in the Mer Bleue Conservation Area, and helping out in a local community garden)
Noteworthy initiatives EDC Cleantech Team (dedicated service for the support of clean-tech companies), EDC has issued 2 green bonds with the goal of financing companies that preserve, protect or remediate air, water or soil, or help mitigate climate change
Building footprint includes green roof, sunshade depending on where the sun is during the day, winter garden, rooftop vegetable garden managed by kitchen employees (provides a variety of produce including kale, cherry tomatoes, cucumbers, hot peppers, bell peppers and herbs), LED lighting upgrades
Extended recycling workstation waste management program features clearly labelled recycling, waste and composting bins that are designed to match the larger receptacles in the café and public areas, phased out all disposable cutlery (and provided each employee with their own set of reusable cutlery)
Commuter amenities Commuter Challenge (118 employees walked, ran, cycled, carpooled, took transit or telecommuted to work, clocking over 13,900 km), Bike to Work Month (28 employees cycled a total of 8,000 km), walk to public transit, secure/sheltered bicycle parking, online carpool sign-up, transit subsidies
Community partnerships Canadian Environment Week, UN World Water Day, Waste Reduction Week (hosted a week-long waste-free lunch challenge), Earth Hour, Shoreline Cleanup events (almost 70 employees volunteered in several different initiatives along the Ottawa River), partnership with Alvéole to introduce rooftop beehives that are home to 50,000 bees (produced 180 jars of honey in its first year, for sale to employees with funds donated to the United Way), La Relance Technology Service (partnership that collects, repairs and refurbishes old technology and donates to local schools, libraries and non-profits)

The Career Directory

Export Development Canada has been selected for The Career Directory, our guide to entry-level recruitment for recent college and university graduates.
EDC employees collaborating

Highlights for New Grads

Industry International trade financing and support services
Full-time employees in Canada 1,001 to 2,500
Major Canadian hiring locations Ottawa ON, Toronto ON, Vancouver BC, Mississauga ON, Montréal QC
Student opportunities paid internships
Training subsidies for professional accreditation, orientation program, online training, in-house training, mentoring, in-house career planning services, leadership training
Annual tuition maximum employer pays up to $24,000 in tuition subsidies for job-related courses per year
Other info for new grads Offers international business scholarships (30 annually).
Typical new grad positions Credit and Banking Analyst/Associate, Risk Analyst, Underwriter, Underwriting Policy Coordinator, Loans Services Manager, Financial Analyst, Corporate Banking Officer, Service Desk Professional, Account Manager, Accounts Payable/Accounts Receivable Specialist
Starting salary $55K to $60K
Work benefits flexible work hours, telecommuting, transit subsidies, employees receive paid time off to volunteer, (up to 2 paid days)
Wellness spending account up to $450 each year
Vacation allowance new employees receive 4 weeks of paid vacation after their first year on the job
Health spending account up to $1,000 each year

Academic fields recruited


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