Export Development Canada 18-K Annual report (foreign governments)

EXHIBIT 99.5

DELEGATION OF SIGNING AUTHORITY

ANNUAL AUDIT REPORTS

DEC 2016 - DEC 2017

Notes

1.         This delegation becomes effective as of the date of the Auditor General’s signature except as noted in the delegation.

2.         This delegation replaces all previous delegations of signing authority.

3.         Where a report signatory is absent or unable to act, another qualified signatory shall by appointed by the Auditor General. Notwithstanding this delegation of authority, only the Auditor General may sign the auditor’s report on the financial statements of Canada (including the condensed financial statements).

4.         The following engagement leaders have authority to sign a “consent letter” to authorize distribution of a previously signed auditor’s report to a securities regulator:

Robert Wilson – Canada Mortgage and Housing Corporation

Margaret Haire – Public Sector Pension Investment Board

Mary Katie Kerrigan – Export Development Canada

Heather McManaman – Farm Credit Canada

Tina Swiderski – Business Development Bank of Canada

5.         Margaret Haire is delegated authority to sign a “Bring down letter”, a “Comfort Letter” and a “Consent Letter” in relation to any securities offering of the Public Sector Pension Investment Board.

/s/ Michael Ferguson                

Michael Ferguson, CPA, CA

FCPA, FCA (New Brunswick)

December 20, 2016                   

Date