Export Development Canada Reviews

Updated Jun 16, 2021

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4.0
77%
Recommend to a Friend
77%
Approve of CEO
Export Development Canada President and CEO Mairead Lavery
Mairead Lavery
37 Ratings
Pros
  • "Great work-life balance and fitness centre(in 41 reviews)

  • "Benefits, work from home, great colleagues(in 17 reviews)

  • Cons
  • "Only stick to hiring students from Ottawa mainly(in 9 reviews)

  • "Big crown corporation sometimes not a fit for all, restructuring occurs a lot(in 7 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 1 year

      Best company

      Apr 26, 2021 - Senior EDC Programmer in Ottawa, IL
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Love to work here and there

      Cons

      Nothing as such cool place

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    2. 4.0
      Current Employee

      Solid place to work

      May 24, 2015 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      People believe in the mandate of the organization (supporting Canadian exporters). Great benefits, work life balance. Full of smart people that work hard.

      Cons

      Obsession with newest trend (lean, management systems, etc) without understanding implications. Low turnover. Less than inspiring leadership in some areas. Reduced upward mobility if you don't have finance/insurance background.

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    3. 4.0
      Current Employee

      Lots of benefits

      Jun 16, 2021 - Risk Analyst in Ottawa, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      EDC has an extensive benefit and DC contribution package.

      Cons

      Salary raises are tightly controlled, and not competitive in the marketplace.

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    4. 5.0
      Current Employee

      Risk Manager

      Jun 15, 2021 - Risk Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great hours, flexibility and exposure to senior management

      Cons

      Pay is extremely low and moving up is difficult

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    5. 4.0
      Current Employee

      A good place to work, but could be improved

      Apr 15, 2021 - Senior Advisor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      -Great reputation -Career advancement opportunities at lower experience levels, in multiple different work streams -Fantastic head office location with great amenities (ex: gym) -Competitive compensation package (especially benefits!)

      Cons

      -Lack of career progression from senior to executive levels -Constant organizational changes -Work/life balance. Management means well, but the policies meant to allow for work/life balance aren’t consistently followed.

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    6. 5.0
      Current Employee

      Current CEO priorities puts purpose and people over the revenue! (Crown Corp)

      Dec 12, 2020 - Financing Manager in Ottawa, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Our purpose is to help small and medium sized Canadians businesses prosper; revenue is secondary thanks to us being a crown corp. The latest CEO, Mairead Lavery is from the private sector, and she has made sweeping changes to modernize the leadership culture. Now all the organizational groups are aligned around a clear purpose and have clear priorities. Doing something I believe in, that helps people, makes a very personally satisfying experience.

      Cons

      The leadership group was very self-oriented and ineffective for many years, as that was the leadership culture. Many of the senior leaders had been there since they got out of school, in the 80s so there was not much diversity in people or experience. But this has changed, mostly from attrition but also from bold decisions - and it is so much better now. Finally we have more modern practices and processes in lending, risk management, and leadership. I just hope that it lasts - the CEO job is by appointment so changes every five years. It's a political appointment. I don't know much about the process, but having a poor leader in place makes a huge difference in culture.

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      3 people found this review helpful
    7. 4.0
      Former Employee

      Great place to work

      Jun 4, 2021 - Senior Account Manager in Ottawa, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Work life balance, Competitive Pay

      Cons

      Lots of obstacles for decision making Slow paced

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    8. 5.0
      Current Employee, more than 1 year

      Great benefits

      May 21, 2021 - Loans Services Manager in Ottawa, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Challenging work , lots to learn and room to grow .

      Cons

      Intimidating when new , people expect you to have the answers even when you haven’t been exposed to a task before .

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    9. 3.0
      Current Employee

      Good place to work

      Jun 8, 2021 - Assistant Debt Service Manager in Ottawa, ON
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good people , decent bonuses, great benefits , good work life balance, overall good place to work

      Cons

      Salaries could be a lot better than what they are currently.

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    10. 2.0
      Former Employee

      Workplace politics is very strong here

      Apr 1, 2021 - Marketing 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent during Covid, they accommodate for their employees very well.

      Cons

      Extreme workplace politics, specifically in the marketing department. If you are very creative and would love to learn and apply any skill set, it will not happen. 99% of their creative is outsourced, you will just be managing the work as if you are a project manager. Highly recommend EDC for a place closer to the end of your career, where your execution of work is not a priority but you would like to scratch the service approving them. After leaving and working for a fast paced work environment that fosters my growth, I have seen tremendous learning and growth for myself more than I have seen at my time spent at EDC.

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      2 people found this review helpful
    Viewing 1 - 10 of 177 Reviews

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