At the G20 Summit in Johannesburg, Prime Minister Mark Carney, who is aiming to diversify trade and double non‑U.S. exports over the next decade, advanced this agenda by deepening ties with South Africa—Canada’s largest African trading partner—through new investment and nuclear cooperation agreements, expanded financing via FinDev Canada, and collaboration on critical minerals supply chains. Canada also secured commitments for a South African trade mission to Saskatchewan’s Ag in Motion fair, underscoring agriculture as a key growth sector.
Beyond Africa, Canada is working to link the Asia‑Pacific CPTPP with the European Union, creating a vast market of over one billion consumers, with early progress targeted for 2026. Carney also announced a trilateral technology partnership with Australia and India, and highlighted Canada’s strengths in clean energy, AI, advanced manufacturing, and agri‑food—sectors expected to attract $1 trillion in investment over five years. Combined with a record $70‑billion investment secured from the UAE, these moves signal Canada’s pivot from reliance on the U.S. market toward a diversified global trade network.
Please visit this link for more information: https://www.pm.gc.ca/en/news/news-releases/2025/11/23/prime-minister-carney-strengthens-trade-and-investment-partnerships