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News

BDC released the 2018-19 annual report, with a record year.

BDC released the 2018-19 annual report, with a record year.

BDC supports 60,000 business owners across Canada. BDC highlights for 2018-19 include: 

  • $35 billion in capital committed to small and medium-sized businesses. This is up over 45% since 2015.
  • Lent nearly $570 million to majority women-owned businesses
  • Opened up two of captive funds – IT and Health – to outside investors, which led to the creation of Framework Venture Partners and Amplitude Ventures.
  • Made more than $300 million in loans and investments to support the growth of cleantech companies.
  • Delivered 1,600 advisory services mandates helping entrepreneurs take their business to the next level.
  • Reported a consolidated net income of nearly $890 million, which will allow a dividend payment of $128.4 million to the Government of Canada.

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