Politics8/18/2025β€’Bloomberg

Canada Industry Minister Meets With Saab, Ericsson in Sweden

Canada Industry Minister Meets With Saab, Ericsson in Sweden

Canadian Industry Minister Melanie Joly is currently in Sweden, where she is meeting with representatives from two major companies: Saab AB and Ericsson. The purpose of these meetings is to explore potential economic partnerships between Canada and Sweden. The visit aims to strengthen the economic ties between the two countries. Joly is expected to discuss areas of mutual interest and identify opportunities for collaboration, which could lead to future investments, trade agreements, or joint projects. While the specific details of the discussions have not been disclosed, the meetings with Saab and Ericsson suggest a focus on sectors such as defense, telecommunications, and technology. These industries are of strategic importance to both Canada and Sweden, and the potential for cooperation could benefit both economies. The visit is part of Joly's broader efforts to expand Canada's international economic relationships and diversify the country's trade and investment portfolio beyond traditional partners.

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