Alstom and Export Development Canada renew strategic sustainable partnership to support growth and low-carbon mobility
Alstom and Export Development Canada renew strategic sustainable partnership to support growth and low-carbon mobility
Through its Canadian facilities, Alstom has supplied goods and services for international projects, including in New Jersey, on the U.S. West Coast, as well as in Malaysia (Copyright ALSTOM SA 2023. C. Fleury)
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Global partnership to increase export opportunities and support passenger rail mobility projects worldwide
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Framework to strengthen Canada’s position as a global hub for rail expertise and innovation
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Collaboration to drive economic growth, with a focus on local suppliers and initiatives promoting inclusion, diversity and community impact, including Indigenous procurement
8 June 2026 – Alstom, global leader in smart and sustainable mobility, and Export Development Canada (EDC), Canada’s export credit agency, today announced the renewal for three years of their Sustainable Corporate Partnership agreement, originally established in 2023. The agreement provides a framework to support Canadian economic growth, export development for small- and medium-sized companies, and to advance low-carbon transportation solutions worldwide.
“Proud of our strong Canadian anchoring, we see this partnership with EDC as going beyond a national collaboration: it brings together two global institutions and strengthens the financing platform supporting our major international projects.”
The renewed agreement, in place until 2029, reinforces a shared commitment to strengthening Canada’s position as a global hub for rail expertise and innovation, while enabling Alstom to expand low-carbon rail transportation in markets around the world with the support of EDC’s financial solutions, market intelligence, and global network. The partners aim to use export financing opportunities to support projects across both developed and emerging markets.
In addition, Alstom and EDC will explore opportunities to foster further investment by Alstom in Canada, support large-scale contracts that maximize Canadian content—such as high-speed rail— and contribute to Canadian economic growth by addressing working capital needs and scaling-up opportunities of local suppliers. The parties also agree to collaborate on initiatives that promote inclusion, diversity, and community impact, including Indigenous procurement.
The Honourable Maninder Sidhu, Minister of International Trade shared, “Today’s partnership renewal between Alstom and Export Development Canada serves to reinforce Canada’s position as a global leader in low carbon rail innovation. By unlocking export opportunities and supporting Canadian suppliers, including Indigenous procurement, this agreement drives sustainable economic growth at home while bringing Canadian ingenuity and expertise to the world stage.”
Support growth and investment in Canada
This agreement is part of EDC’s Global Corporate Partnerships (GCP) program, whereby EDC partners with large multinational companies with an established Canadian presence in sectors with strong global growth potential to provide them with tailored financial and insurance solutions that support their growth and investment within Canada. These strategic partnerships aim to deliver mutual benefits that drive economic, innovative and societal impact for Canada through investments, trade and job creation, and aim to create opportunities for their Canadian operations and Canadian suppliers.
“Alstom is a global leader with deep roots in Canada and a strong track record of innovation, investment and job creation. By combining Alstom’s leadership in low-carbon mobility with EDC’s financing expertise and global reach, this partnership will help open new trade opportunities for Canadian suppliers—particularly small and medium-sized enterprises—helping them grow internationally and contribute to sustainable infrastructure projects in markets around the world,” said Sven List, Senior Vice-President, Canadian Corporate Business at EDC. “It also strengthens our support for shared priorities, including resilient supply chains and long-term, sustainable economic growth.”
A long-standing presence in Canada
“This partnership reflects the strength of our long-standing presence in Canada and our confidence in its role as a strategic hub for sustainable mobility. By combining Alstom’s world-class rail expertise with EDC’s global financing capabilities, we are better positioned to deliver major projects and accelerate the deployment of cutting-edge, low-carbon transportation solutions worldwide,” added Michael Keroullé, President of Alstom Americas.
“Proud of our strong Canadian anchoring, we see this partnership with EDC as going beyond a national collaboration: it brings together two global institutions and strengthens the financing platform supporting our major international projects.” said Bernard Delpit, Alstom’s Executive Vice-President and Chief financial Officer.
Alstom, whose Americas regional headquarters are located in the Greater Montreal Area, will continue to build on its strong presence in Canada by investing in manufacturing, research and development, and export capacity, including initiatives focused on electrification and other green propulsion technologies, aligning with both organizations’ environmental, social, and governance (ESG) objectives.
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