2019-20 Comprehensive Review of the Canadian Commercial Corporation

The Department of Foreign Affairs, Trade and Development (DFATD) has a requirement for a comprehensive report (the “review”) assessing the relevance and impact of the Canadian Commercial Corporation (CCC) for today’s exporters and other stakeholders.  Canadian Commercial Corporation was established by the Canadian Commercial Corporation Act (CCC Act) in 1946 for the purpose of assisting in the development of trade between Canada and other nations. The CCC Act sets out certain purposes for CCC and provides the CCC with a range of powers, particularly the ability to export goods from Canada, either as a principal or an agent. There is a need to evaluate the CCC’s performance, including thorough assessments of its business processes and risk management procedures, assess how CCC resources correspond to its overall mandate, and analyze the CCC’s operating expenditures. The work also includes comprehensive assessments of external factors impacting CCC’s ability to pursue its mandate. These external factors would include evolving trade rules and Canadian trade policies.