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Thinking big about small business exports. (Export Development Corp. of Canada)(includes related article on Master Accounts Receivable Guarantee)

Canadian Business Review

| September 22, 1996 | Hutchison, John | COPYRIGHT 1996 Conference Board of Canada. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

EDC's financial and risk management services underpin the export strategies of many SMEs.

When Ernst Schumacher penned his seminal economic work, Small Is Beautiful: Economics as if People Mattered, he probably had no idea his theories would be adopted by economists, business leaders and politicians of all stripes. Today it is widely accepted that a healthy small-business sector is a critical component of a well-tuned economy.

Yet, in Canada many small businesses face a unique challenge due to the export-dependent nature of the Canadian economy. Exports have become the driving force behind Canada's economic growth and are responsible for most of the jobs ...

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