EDC, Export Finance Australia sign trade cooperation agreement

Export Development Canada and Export Finance Australia have signed a memorandum of understanding aimed at strengthening trade and investment ties between Canada and Australia.

The agreement establishes a framework for collaboration on financing opportunities, investment projects and business development initiatives focused on areas including supply chain resilience, energy security, critical minerals, infrastructure and sustainable development.

The organizations said they will explore co-financing opportunities, facilitate transactions and share expertise while helping connect companies and investors in both countries.

According to the organizations, bilateral merchandise trade between Canada and Australia totalled $7.3 billion in 2025, while two-way direct investment exceeded $86 billion. Key sectors identified for future collaboration include infrastructure, energy, mining and critical minerals, agri-food, digital technologies, defence and aerospace.