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What is Business Development Bank of Canada mean?
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, its corporate headquarters is located in Montreal and it has more than 123 business centres working with 60,000 clients. BDC's debt obligations, secured by the Government of Canada, are issued to public and private sector institutions.
reference| Full Form | Category |
|---|---|
| Business Development Bank of Canada | Business |
| Bluecoats Drum and Bugle Corps | General |
| British Dog Breeders' Council | Medical |
Posted on 28 Apr 2022, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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