Government of Canada to promote trade and investment with Sweden and northern Europe

Visit to highlight Canada's world-class industries and innovation among business leaders

OTTAWA, ON, Nov. 1, 2026 /CNW/ -- The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, is currently in Sweden to speak at the Network Conference 2026. The world is becoming increasingly complex, and Canada is building stronger businesses, attracting investments and strengthening our economic resilience.

The Network Conference will gather key industry leaders and decision makers from around the world. Minister Joly will deliver remarks and take part in a fireside chat on joint actions and new collaborations in a new world order. She will also hold several bilateral meetings with high-ranking executives from the private sector, focused on promoting Canadian industry, strengthening Canada and Sweden's trade relationship, and promoting Canada as a compelling destination for investment and a trusted global partner.

Over the past year and a half, Canada and the European Union have worked with speed and determination to forge a new alliance. Our shared values and ambitious new partnerships with trusted allies will create new opportunities for Canadians and Europeans on both sides of the Atlantic, while supporting greater sovereignty and attracting new investment that is essential to building a stronger, more resilient Canadian economy.

Quotes

"Canada and Sweden share a strong commitment to innovation, investment and economic collaboration. This visit will showcase Canadian expertise, attract new investment and deepen our industrial ties, while building resilient partnerships that Canada needs to strengthen our economic security and competitiveness in a rapidly changing world."
– The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions

Quick facts

• Canada and Sweden enjoy strong bilateral relations with evolving cooperation in foreign policy, defence and security, energy and climate action, Indigenous collaboration, and trade and investment.
• As like-minded supporters of fair, open, sustainable and inclusive free trade, Canada and Sweden have a strong commercial relationship. Ratified by Sweden in May 2018, the Canada–European Union Comprehensive Economic and Trade Agreement allows businesses from both countries to compete on a level playing field by offering better predictability, protection and transparency, resulting in significant trade flows.
• Since Sweden's accession to the North Atlantic Treaty Organization (NATO) in 2024, Canada and Sweden have deepened their transatlantic ties, reaffirming their shared commitment to NATO as the cornerstone of Euro-Atlantic security. This collaboration includes joint participation in NATO operations, increased defence investments and enhanced military readiness.

Associated links

• Joint statement: Toward a strategic partnership between Canada and Sweden
• Joint statement by Canada and Sweden on sustained engagement on critical raw materials, battery value chains and emerging technologies
• Canada–Sweden relations

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Contacts: Mathis Denis, Director of Communications, Office of the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, [email protected]; Media Relations, Innovation, Science and Economic Development Canada, [email protected]