On March 5, 2026, it was announced that Export Development Canada (EDC) has successfully issued the first Canadian tokenized bond, which is a historic milestone in Canadian capital markets. This achievement is the result of Project Samara, a collaboration bringing together RBC Capital Markets, TD Securities, EDC and the Bank of Canada to pioneer the future of distributed ledger technology in our financial system.
The entire lifecycle of EDC’s bond, spanning from initial issuance to ongoing management, is being executed natively on the Samara blockchain platform, with payments settled using digital representations of Canadian dollars created by the Bank of Canada.
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage.
Osler, Hoskin & Harcourt LLP advised EDCwith a team led by Lisa Mantello and consisting of Amelia Miao, Matt Burgoyne, and Malcolm Peck-McQueen (Financial Services).
Key Contact
Partner, Financial Services, Toronto
Team
Partner, Corporate, Toronto
Partner, Corporate, Calgary
Associate, Financial Services, Toronto