01 december, 2011
A trade mission has been planned for Canada next year, from 9-16 May. As a mature, large economy, Canada offers many opportunities to ambitious companies.
Luxembourg enjoys a long-term political and economic relationship with the country, most notably with RBC in finance and Husky in manufacturing and this mission will look to build on these foundations. There is a financial centre Toronto, with smaller hubs in Montreal and in Vancouver, which is especially focussed on the Pacific Rim. There is a substantial car manufacturing industry, with local automotive components firms such as Magna International and Linamar Corporation supplying the Canadian subsidiaries of mostly US car brands. Luxair is a frequent client of Bombardier too. The country has an active ICT, ecommerce and high tech sector, with Research in Motion, maker of the ubiquitous Blackberry perhaps the best-known representative.
Canada’s has a substantial primary sector with logging, oil and mineral extraction interests. It’s a net exporter of energy from oil
and gas resources.