Minister Champagne to promote investment in Canada at international SEB CEO conference
News release
March 18, 2018 - Ottawa, Ontario - Global Affairs Canada
The Government of Canada is committed to broadening Canada’s trade ties, creating global opportunities for Canadian businesses and bringing more job-creating investment into Canada.
The Honourable François-Philippe Champagne, Minister of International Trade, will attend the Skandinaviska Enskilda Banken CEO Conference in Ottawa today, where he will continue to promote Invest in Canada, as well as the benefits of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). The Minister will discuss foreign direct investment (FDI) with key stakeholders and the European investors in attendance.
Increased trade and investment enhances economic growth and supports the creation of well-paying middle-class jobs for Canadians.
Canada’s brand has never been stronger; its business climate is strong, stable, predictable and open for business, investment and trade.
Canada’s overall fiscal strength is supported by a sound, efficient financial system, low taxes and business costs, and by our ongoing investment in the innovative, clean and inclusive economy of tomorrow.
Quotes
“Canada is a great place to do business, and a strong FDI-attraction strategy like Invest in Canada can promote economic growth, create middle-class jobs and lead to a higher standard of living for Canadians. I want foreign investors to recognize that Canada has an inherently global workforce that is open, diverse, highly skilled and well-educated.”
- François-Philippe Champagne, Minister of International Trade
Quick facts
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In the 2016 Fall Economic Statement, the Government of Canada announced funding of $218 million to create Invest in Canada and enhance the Canadian Trade Commissioner Service.
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Minister Champagne launched the Invest in Canada agency on March 12, 2018.
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Foreign-controlled multinational enterprises employ approximately 1.9 million Canadians in this country: that’s almost 12% of Canadian workers, or 1 in 8 Canadian jobs.
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The Canadian cleantech sector stands to gain under CETA, which removes all tariffs on cleantech products.
Associated links
Contacts
Pierre-Olivier Herbert
Press Secretary
Office of the Minister of International Trade
343-203-7332
Media Relations Office
Global Affairs Canada
343-203-7700
media@international.gc.ca
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