Business Development Bank of Canada (BDC)

The Business Development Bank of Canada is a federal Crown corporation dedicated to supporting Canadian entrepreneurs, particularly small and medium-sized enterprises. It provides business loans, growth capital, venture capital, and advisory services while complementing, rather than replacing, private-sector financial institutions. BDC operates at arm’s length from the federal government, which is its sole shareholder. The institution describes itself as commercially oriented and financially sustainable, although its mandate includes broader public-policy objectives such as entrepreneurship, innovation, inclusion and economic resilience.