Money and business

The Saudi-Canadian Investment Forum…a practical milestone within a renewed partnership between the two countries

The Saudi-Canadian Investment Forum is a high-level investment event held in Jeddah on the sidelines of a visit to The Prime Minister of Canada to the Kingdom.
The forum brings together high-level officials, investors, financial institutions, and leaders from the private sector from the two countries with the aim of deepening investment cooperation and identifying opportunities in priority sectors for the two friendly countries.

The forum represents a practical investment station within a renewed Saudi-Canadian partnership, as it brings together decision-makers from the two countries to identify opportunities, build partnerships, and support follow-up in priority sectors.

A new phase of the partnership Investment

The Kingdom is progressing and Canada is towards a new phase of investment partnership, based on complementary capabilities, mutual respect, and a shared ambition for long-term growth.
Within the framework of Saudi Vision 2030, the Kingdom provides broad scope for growth, reform momentum, advanced infrastructure, capital, and an access platform to regional and global markets.
In contrast, Canadian companies and institutions possess global capabilities in mining and critical minerals, engineering, financial services, advanced manufacturing, artificial intelligence, and skills development.
/>Through this integration, the two countries can transform the renewed bilateral momentum into partnerships, projects, and value chains that support industrial growth, innovation, economic diversification, and shared prosperity.
The Kingdom and Canada seek to transform the integration of capabilities into practical investment opportunities, as the forum links the request of Saudi Vision 2030 with Canadian expertise, capital, and innovation, in vital fields, such as minerals, artificial intelligence, finance, advanced industries, and skills, and the opportunities for cooperation between the two sides are not limited to investment in the Kingdom, but rather include growth from the Kingdom towards regional markets. And global.

A practical investment station

The forum represents a practical investment station within a renewed Saudi-Canadian partnership, as it brings together decision-makers from the two countries to identify opportunities, build partnerships, support follow-up in priority sectors, and build on the relationship that currently exists between the two sides, which is moving towards enhancing investment by taking advantage of the integrated capabilities of the two countries, to launch projects and partnerships of long-term economic value.

It gives Both sides prioritize the sectors of mining and critical minerals, financial services, advanced industries, artificial intelligence, data centers, and skills development, which are areas in which Canadian expertise clearly aligns with the Kingdom’s national priorities.

Cooperation in the critical minerals sector represents a strong opportunity for both sides, as Canada is one of the leaders in mining and mining financing globally, while the Kingdom works to establish mining as a major pillar of economic diversification, which opens opportunities in exploration, services, processing, transformative value chains, and cooperation in critical minerals.

Opportunities for investors. Canadians

While the Kingdom offers a wide range of opportunities for Canadian and other international investors, long-term demand, advanced infrastructure, access to regional markets, reform momentum, and a clear investment journey through the Ministry of Investment and an investment platform in Saudi Arabia.
Canadian companies and institutions in turn bring globally recognized capabilities in sectors central to the Saudi Vision 2030, including mining, engineering, institutional capital, artificial intelligence, advanced manufacturing, and education. Technical.

The Ministry of Investment will operate as a platform "Invest in Saudi Arabia" To connect interested investors with sectoral opportunities, government agencies, private sector partners, incentives, and practical information related to the investor’s journey.

Investment opportunities

• The potential mineral wealth in the Kingdom is estimated at about $2.5 trillion across an area exceeding 2.1 million square kilometers.

• The Kingdom has identified opportunities in more than 50 minerals, and is accelerating exploration work within the Arabian Shield.

– Canadian companies and capital are already operating in the Kingdom, including Barrick and Ivanhoe Electric has collaborated with Ma’aden to explore about 48,500 square kilometers.

– Manara Metals, a joint venture between the Public Investment Fund and Ma’aden, owns a 10% stake in Vale Base Metals, strengthening joint Saudi-Canadian interests in copper. And nickel.

– Mining represents the strongest Saudi-Canadian proof point, because it combines Canadian expertise, Saudi mineral capabilities, and a credible global story linked to critical minerals and supply chains.

Financial Services

The Kingdom gives Canadian capital a deeper path to a vibrant regional financial ecosystem

Canadian institutional investors, asset managers, insurance companies, fintech companies, and financial services providers can participate in the growth of the capital and debt markets. And sukuks, insurance, and venture capital in the Kingdom.

– The market value of the Saudi financial market amounted to about 9.44 trillion riyals, or about 2.53 trillion dollars, as of June 2026, according to the figures approved for the forum.

– The access of foreign investors has expanded, allowing a clearer path for international institutions to participate in the growth of the Saudi market.

– The Kingdom represents one of the deepest regional platforms in debt instruments, sukuks, venture capital, insurance, and management. Assets.

Advanced Industries and Manufacturing

The Kingdom provides Canadian manufacturers with a base to build and meet domestic demand and export across 3 continents.

Saudi Vision 2030 and the National Industrial Strategy create a long-term platform for industrial investment, allowing Canadian companies to benefit from infrastructure, industrial cities, special economic zones, and access to regional markets to expand production and exports.

– The Kingdom aims to reach 35,000 manufacturers by 2035, and industrial investments approaching two trillion riyals.

– The Kingdom aims to raise the industrial sector’s contribution to the gross domestic product to about 895 billion riyals by 2030.

– The manufacturing sector topped Canadian investment flows to the Kingdom in 2024 according to data from the Ministry of Investment.

– Canadian manufacturing companies are already operating in the Kingdom, including (Ingenia Polymers) as one of the most prominent Canadian investors in the Kingdom.

AI and Data Centers

– The Kingdom provides the computing power, energy, capital and market demand that Canadian AI companies need to expand globally.

– Canada has globally recognized research, competencies and software capabilities in AI, while the Kingdom is investing in the infrastructure, energy and capital needed to commercialize AI on a large scale.

– The Kingdom plans to reach 6.6 GW of AI data center capacity by 2034

– AirTrunk, which is partly owned by the Canadian CPP Investments, is developing a $3 billion AI data center complex with HUMAIN.

– The existing cooperation with (Cohere) in artificial intelligence in the Arabic language reflects practical alignment between the Kingdom and Canada in this field.

Skills and workforce development

– Investment cooperation Saudi Canadian is also a skills development partnership.

– The Kingdom’s industrial and technical transformation requires continuous workforce development, while Canadian institutions have strong international capabilities in technical and vocational education.

– Skills partnerships support the sustainability of investments by linking capital deployment to local capacity building.

– Canadian education and training providers can support the growth of the Kingdom’s industrial, mining, artificial intelligence, and services sectors.

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