Business Development Bank of Canada

Common card · No. 458279

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. Founded in 1944, BDC is headquartered in Montreal. BDC operates a national network of approximately 109 business centres and serves more than 107,000 entrepreneurs, both directly and through partners. BDC's debt obligations, secured by the Government of Canada, are issued to public and private sector institutions.

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