Business Development Bank of Canada
The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses through financing, growth and transition capital, venture capital and advisory services, with a focus on small and medium-sized enterprises.
| Company type | Crown corporation |
|---|---|
| Industry | Development banking Consulting |
| Founded | 1944 in Montreal, Quebec, Canada |
| Headquarters | Place Ville Marie Montreal, Quebec, Canada |
Key people |
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| Total assets | $30.6 billion (2019): 30 |
Number of employees | 2,300 (2019) |
| Website | www.bdc.ca |
Founded in 1944, its corporate headquarters is located in Montreal and it has more than 123 business centres working with 60,000 clients. BDC's debt obligations, secured by the Government of Canada, are issued to public and private sector institutions.
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