Minister Ng to advance Canada’s energy security, climate and trade objectives in Paris
News release
November 27, 2023 - Ottawa, Ontario - Global Affairs Canada
Today, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, announced she will participate in the World Nuclear Exhibition, Conférence de Paris and Enlit Europe Forum on November 28 and 29, 2023, in Paris, France.
These events will provide an opportunity for Canada to strengthen its commercial ties with France and further its international trade and investment priorities, including:
- advancing climate objectives through cooperation with like-minded countries such as France to improve energy supply security, especially in view of disruptions caused by Russia’s illegal invasion of Ukraine
- positioning Canada as a key enabler and reliable supplier of clean, non-emitting energy
- promoting the benefits of the Canada-European Union Comprehensive Economic and Free Trade Agreement (CETA) to international partners
- strengthening the multilateral trading system with the WTO at its core
Quotes
“Canada is a world leader in nuclear energy, with nearly 80 years of technology excellence in the sector that includes advancements in nuclear medicine, along with having a robust domestic supply chain and being a world-class regulator. We look forward to strengthening our commercial relations with countries such as France that share a determination to work together to facilitate global energy transition while maintaining strong, resilient economies.”
- Mary Ng, Minister of Export Promotion, International Trade and Economic Development
Quick facts
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Nuclear energy has an important role in reducing global CO2 emissions as it is a non-emitting energy supply and one of the most affordable electricity sources.
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The nuclear industry is a key driver of the Canadian economy, contributing $17 billion annually to Canada’s GDP and supporting 76,000 jobs.
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The 2023 federal budget demonstrated the Government of Canada’s continued support for nuclear energy, including through identifying small modular reactors as eligible for government funding programs, refundable investment tax credits and financing from Canada Infrastructure Bank.
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Canada enjoys preferential access to the French market through the provisional application of CETA. France is Canada’s 14th largest merchandise trade partner. In 2022, bilateral trade with France totalled $11.7 billion.
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France is one of Canada’s priority countries for STI cooperation. Current partnerships focus on aeronautics, biotechnology applied to health and agri-business, green technologies, renewable energy, advanced materials, nanotechnology, and information and communications technologies, including artificial intelligence.
Associated links
Contacts
Press Secretary
Office of the Minister of Export Promotion, International Trade and Economic Development
343-576-4365
Shanti.Cosentino@international.gc.ca
Media Relations Office
Global Affairs Canada
media@international.gc.ca
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