Canada and South Korea Partner on ‘Invest in Canada’ Initiative
During a meeting in Ottawa, senior officials and business leaders from Canada and South Korea aligned on the Invest in Canada initiative to bolster industrial cooperation across various sectors. The two nations emphasized leveraging this platform to foster long-term investment, particularly highlighting large-scale projects like Canada’s Patrol Submarine Project as catalysts for broader Korean investment. Discussions focused on expanding collaboration in advanced manufacturing, clean energy, and defense, transitioning from transactional trade to enduring partnerships that support local production and resilient supply chains. Both sides acknowledged their complementary strengths, viewing the initiative as a strong foundation for strengthening economic security and global competitiveness.
John Q. Hosedrinker