# Business Development Bank of Canada (BDC)

Business Development Bank of Canada (BDC) is a Pension Fund based in Montreal, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Montreal, Canada
- **Region:** North America
- **Assets under management:** Undisclosed
- **Website:** https://www.bdc.ca
- **LinkedIn:** https://www.linkedin.com/company/bdc---business-development-bank-of-canada

## Regulatory record

- **Reports private funds:** No

## About

We are BDC, the Business Development Bank of Canada and the financial institution devoted to Canadian entrepreneurs. We help create and develop strong Canadian businesses through financing, advisory services and capital, with a focus on small and medium-sized enterprises.

## Sectors

- Private Credit

## People

- Isabelle Hudon — President and CEO

## Questions

### Who runs investment decisions at BDC?

Isabelle Hudon serves as President and CEO. Investment activity occurs through BDC Capital.

### Does BDC participate in fund commitments or only direct deals?

BDC executes direct loans and equity investments. It does not operate as a fund-of-funds vehicle.

### Where does the underlying capital come from?

The Government of Canada is the sole shareholder.

### What is BDC's known posture on co-investments alongside external GPs?

BDC Capital takes direct positions in Canadian startups and growth companies.

### Which sectors does BDC target?

Focus areas include cleantech, energy storage, govtech, financial services, robotics and quantum computing.

## Related profiles

- [British Business Investments](https://altss.com/profile/british-business-investments)
- [Caja de Pensiones Militar Policial](https://altss.com/profile/caja-de-pensiones-militar-policial)

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Last updated: 2026-06-03T20:00:00.000Z

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