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The burgeoning Canadian economy is rapidly expanding, backed by strong international trade relations, a modern political system and continued commitment to skill building through attractive immigration policies. Diversified expansion of the economy directly contributes to the prosperity, wellbeing of the communities and promises personal and professional growth for its youth. UAE is one such region that represents a great opportunity for two-way trade with Canada. In 2021, the UAE ranked amongst Canada’s largest merchandise exports, growing by over 118% to USD 1.96 Bn. Imports from the UAE also grew by over 220% during the same period to reach levels in excess of USD 550 Mn. This strong two-way trade has resulted in the UAE being the 20 th largest foreign direct investor in Canada. The Canada – UAE Trade Mission 2022, is a special delegation led by business for business, with a focus on immigrant founder-led early-stage companies as well as small and medium enterprises interested in exploring opportunities in the Gulf Cooperation Council Region. The mission is anchored around the key themes of: Innovation, Immigration, and Inclusion.
01
Education
One of the key anchors for fostering the economy and development is education and skill building. The education sector in Canada is robust covering the entire spectrum of schools, university colleges, and private career colleges. Canada is supported by the most educated workforce with over 62% in the employable age groups competing in tertiary education, making it better than any other OECD country.
The sector is backed by strong governmental policies to prepare immigrants to settle down through educational programs that support skill building across the spectrum to fill the talent gap in the country. The country also attracts a host of international students to further their careers and boost the Canadian innovation capacity.
02
Energy and Clean Technologies
Canada as a country has made its strong commitment to this sector and has positioned itself well to meet this ambitious transition to low-emission clean technologies. The country collaborates across geographies to bring innovation and competitive clean technologies to market fully supported by subsidies, low costs of R&D, highly skilled workforce, and a wealth of natural resources.
This sector covers several important areas including renewable energy, energy & water management, electric mobility, alternative clean technologies to support solutions for the mining and oil & gas sectors to name a few. The market is made further attractive for enterprises supporting innovation and innovative products through a strong start up visa program with grants and funding for cutting edge innovation.
03
Healthcare and Life Sciences
Canada has a long history of leadership and pioneering spirit in this important sector, being amongst the world’s first in discovering stem cells and the first pacemaker. The sector is broad and covers biotech, pharma, medical cannabis, medical devices, and health care services.
This sector boasts itself with the strength of its access to R&D leadership, leading healthcare institutes and an entire ecosystem of incubators and research facilities from coast to coast. Technology products and services that support this sector have not just a great market in Canada but access to a large market in the neighboring USA, Latin & South America.
04
Information and Communications Technologies
Canada houses over 43,000 companies in this sector across small, medium, and large enterprises. The sector is a large source of employment for the local and international technology graduates across software development, fin tech, autonomous mobility, cyber security, crypto currency, Artificial Intelligence, robotics, AR/VR, and cloud technology services.
Having a strong talent pipeline with over 2.8Mn STEM graduates each year, a lower cost of talent compared to the neighboring US and some of the best cities to live and work in the country, Canada becomes a natural choice for tech talent to make it their home.
05
Logistics
Globally the relevance of supply chain and strong logistics solutions have never been felt stronger than in recent years. Companies are not just looking to augment their supply chain risks but are also looking for technology solutions that can help identify and mitigate risks early in the process. While this sector is still nascent, it is growing rapidly with companies solving complex problems in niche areas vital to the financial health of enterprises and economies at large.
Supply chain technology is critical across all delivery systems including manufacturing, food supply, freight, logistics, warehousing, and distribution. Technology plays a huge role in optimizing costs and delivery times. The sector provides immense opportunities for technology companies to build lasting solutions to support this key engine of the economy.
Delegate Registration
There are still spots available on the Canada – UAE Trade Mission 2022.
Learn more about the packages available and register online.
Delegate Registration
There are still spots available on the Canada – UAE Trade Mission 2022.
Learn more about the packages available and register online.
