Abu Dhabi:The United Arab Emirates and Canada have signed numerous agreements and memoranda of understanding, along with commercial partnerships, to bolster trade and investment cooperation. These agreements aim to expand the economic partnership between the two nations across vital and strategic sectors, coinciding with the recent official visit of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to Canada.
According to Emirates News Agency, the agreements encompass various sectors, including digital infrastructure and advanced technology, space, industry, logistics, transport and ports, food security, education, human capital development, housing, and core infrastructure. The signing ceremonies were attended by key officials and business leaders from both countries, including Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade; Sultan bin Saeed Al Mansoori, the UAE Foreign Minister's Envoy to Canada; and Abdulrahman Ali Almur Al Neyadi, UAE Ambassador to Canada.
The agreements were made alongside the signing of the Comprehensive Economic Partnership Agreement (CEPA), reflecting a commitment to translating close economic relations into practical projects and long-term partnerships. This also aims to enhance private-sector participation in developing investment opportunities that benefit both economies. The Canada-UAE Investment Framework, valued at up to C$70 billion, was highlighted as a part of this visit.
The memoranda of understanding and agreements cover strategic areas such as cooperation between Space42 and Terrestar Solutions for developing the world's first satellite network using 5G technology. Another significant agreement involves Al Shaikh Holdings and the Government of Nova Scotia to explore investment in student and workforce housing projects.
In education, the Khalifa Bin Zayed Al Nahyan Foundation and McGill University signed a framework agreement for developing human capital through scholarships and research support. In transport and logistics, cooperation includes exploring opportunities in port operations and logistics services with entities like DP World and Arctic Gateway Group.
Trade between the UAE and Canada has shown significant growth, with non-oil foreign trade reaching C$5.88 billion in 2025, marking an increase from 2024. UAE non-oil exports to Canada rose by 10.8 percent, while imports from Canada also saw a substantial rise. The stock of UAE foreign direct investment in Canada reached C$9.22 billion in 2025, with Canadian investment in the UAE at C$7.82 billion.
These agreements and partnerships showcase the potential for expanding joint projects and strengthening the presence of Emirati and Canadian companies in regional and global markets, leveraging their complementary strengths in various sectors.