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BDC
DCHP-2 (Oct 2016)
n. — abbreviation, Finance, Administration
Quotations
1995
So, the solution does lie with the chartered banks. But I believe that the FBDB -- or as it will soon be known, the BDC -- will be able to play a useful role in filling in some of those gaps. It's there to break even. It doesn't cost the taxpayer any money, but it's not there to make a profit as the other banks are.
2000
Recognizing that globalization, cyber-commerce and technological advances are the driving forces of the business world today, BDC offers Canadian small businesses a full range of financial services and management solutions to support their use of new productivity tools.
2007
Hachey added that, while credit unions and the BDC are important to small businesses as they help meet the financing gap, the use of a smaller or governmental lender comes with a catch.
2016
The Business Development Bank of Canada is offering clients in the fire-ravaged Fort McMurray region a three-month deferral on their loan payments. The Montreal-based federal crown corporation said the relief program, which applies to both principal and interest payments, is part of a broader effort unveiled by the BDC last fall to support Alberta entrepreneurs during the current downturn.