المملكة: The visit of the Prime Minister of Canada…a new stop that confirms the depth of relations with the Kingdom
Come visit Canadian Prime Minister to The Crown Prince – may God protect him – and the Kingdom’s political and economic status, its weight and its pivotal role at the international level, and the Canadian government’s keenness to enhance communication and coordination with the Kingdom regarding files and issues of common interest regionally and internationally.
Development of relations between business sectors
The relations between the business sectors in the Kingdom and Canada are witnessing continuous development. Within the framework of strengthening communication between Saudi and Canadian businessmen, the Federation of Saudi Chambers announced in 2024, a new administrative formation of the Council Saudi-Canadian business with the aim of supporting efforts to link businessmen and companies in the two countries, and maximizing the benefit from trade and investment opportunities.
The Federation of Saudi Chambers also opened an office in Toronto to facilitate the connection between companies in the two countries, organize delegation visits and coordinate economic events.
Last January, Riyadh hosted the Saudi-Canadian Business and Investment Forum, which was held with the aim of discussing strengthening the investment partnership between the two countries in the areas of digital transformation and infrastructure, in addition to opportunities to empower the private sector in the Kingdom and Canada, and the forum culminated in the signing of 6 memorandums of understanding worth approximately $600 million, which included cooperation initiatives in the sectors of communications, information technology, cybersecurity, education, and manufacturing.
Sustainable Investment Partnership
The two countries are working to strengthen their trade relations and move them from the stage of traditional trade exchange to a stage "Sustainable investment partnership"And providing a fertile environment for investors to exchange innovative goods and services, as the volume of trade exchange between the Kingdom and Canada in 2025 amounted to about 2.909 billion dollars.
The value of Saudi exports to Canada amounted to 1.719 billion dollars, while the value of Saudi imports from them amounted to 1.190 billion dollars.
The Kingdom’s Vision 2030 and its projects and initiatives provide promising prospects for expanding partnerships between the Kingdom and Canada in specific sectors, such as intelligence. Industrial, clean technology, mining, and energy, and this was reflected in the presence of about 767 Canadian companies that own regional offices and headquarters within the Kingdom.
Consolidating cultural and educational relations
The Kingdom and Canada are also keen to consolidate cultural and educational relations between the two countries, and in this regard the number of Saudi doctors graduating and scholarship students in Canada achieved a record jump, as the total number of graduates and scholarship students for the years (2020 – 2025) reached about 1,984 male and female doctors, and the number of graduates recorded a growth of 256%, rising from 170 graduates in 2020 to 606 graduates in 2025.
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