[av_section min_height=’custom’ min_height_px=’200px’ padding=’no-padding’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ id=” color=’main_color’ custom_bg=” src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” custom_class=”] [av_heading heading=’FinDev Canada is operational to help the private sector in developing countries’ tag=’h1′ style=’blockquote modern-quote modern-centered’ size=’50’ subheading_active=” subheading_size=’15’ padding=’10’ color=” custom_font=” custom_class=”] new arbitration and mediation laws adopted by OHADA
[/av_heading] [/av_section] [av_three_fourth first] [av_textblock size=” font_color=” color=” custom_class=”] Based in Montréal, Québec Development Finance Institute Canada (DFIC) Inc., an initiative announced by the Government of Canada in May 2017 to be capitalized with $300 million, finally became operational in January 2018. It is operating under the FinDev Canada brand and is a wholly-owned subsidiary of Export Development Canada (EDC). FinDev Canada’s mission is to provide easier access to capital for entrepreneurs and to support the growth and sustainability of businesses in developing markets. It seeks to reduce poverty through local development, women’s economic empowerment, and climate action. FinDev Canada focuses on three priority sectors:

  • Green growth, e.g. renewable energy, energy infrastructure, energy efficiency, water supply, water management, waste management, waste water management, bio-refinery products, green industrial production, and climate solutions focused on mitigation or adaptation;
  • Agribusiness value chain, including processing, storage, transportation and distribution; and
  • The financial industry, particularly local financial institutions, as a means to reach local small and medium-sized enterprises.

This initiative by the Government of Canada is a step forward in Canada making a positive impact around the world.

Martin Aquilina is a former legal adviser to the Geneva-based Global Fund. He regularly assists companies doing business in second- and third-world countries financed by various development banks.
[/av_textblock] [av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′] [av_textblock size=” font_color=” color=” custom_class=”] This article is for informational purposes only and does not constitute legal advice. If you wish to discuss your issue with a lawyer, contact Martin today.  613-747-2459 ext.308, maquilina@hazlolaw.com
[/av_textblock] [av_social_share title=’Share this entry’ style=” buttons=’custom’ share_facebook=’aviaTBshare_facebook’ share_twitter=’aviaTBshare_twitter’ share_gplus=’aviaTBshare_gplus’ share_linkedin=’aviaTBshare_linkedin’ share_mail=’aviaTBshare_mail’ custom_class=”] [/av_three_fourth][av_one_fourth] [av_team_member name=’Martin Aquilina’ job=’COO, International Business Lawyer’ src=’https://hazlolaw1.wpengine.com/wp-content/uploads/2015/02/martin-aquilina-headshot-300×300.jpg’ attachment=’385′ attachment_size=’medium’ description=” font_color=” custom_title=” custom_content=” custom_class=”] [av_textblock size=” font_color=” color=” custom_class=”] + 1 (613) 747-2459 ext.308

Visit profile
[/av_textblock] [av_heading tag=’h4′ padding=’10’ heading=’Areas of Expertise’ color=” style=’blockquote modern-quote’ custom_font=” size=” subheading_active=” subheading_size=’15’ custom_class=”][/av_heading] [av_textblock size=” font_color=” color=” custom_class=”] Business Law

Cross Border Transaction

Mergers & Acquisitions

Corporate Finance

International Commerce

Business Disputes

International Law Consulting

Enforcement of Foreign Judgements
[/av_textblock] [av_heading tag=’h4′ padding=’10’ heading=’Related Articles’ color=” style=’blockquote modern-quote’ custom_font=” size=” subheading_active=” subheading_size=’15’ custom_class=”][/av_heading] [av_textblock size=” font_color=” color=” custom_class=”] To choose or not to choose: enforceability of choice of forum clauses in Canada

Cross-border succession issues: What will happen to your beautiful Italian villa after you die?

Uniform Rules For the Enforcement of Foreign Judgments: next year perhaps?

Multinational Corporations Beware! What Happens in Vegas May Not Stay in Vegas
[/av_textblock] [/av_one_fourth] [av_submenu which_menu=” menu=’2′ position=’center’ color=’main_color’ mobile=’disabled’ custom_class=”] [av_submenu_item title=’Menu Item 1′ link=” linktarget=’no’ button_style=”] [av_submenu_item title=’Menu Item 2′ link=” linktarget=’no’ button_style=”] [/av_submenu]