Joly begins Sweden visit focused on Canadian trade and investment

Industry Minister Mélanie Joly is in Sweden for meetings with business leaders aimed at promoting Canadian industry, investment and deeper commercial ties with northern Europe.

Innovation, Science and Economic Development Canada announced the visit on November 1. The department said Joly would hold bilateral meetings with senior private-sector executives and promote Canada as an investment destination and global partner.

The announcement describes the government’s objectives for the visit; it does not report a completed investment agreement or a new commercial deal.

Trade context

Canada and Sweden traded $6.2 billion in merchandise in 2025, according to Global Affairs Canada. Canadian exports to Sweden totalled $962 million, while imports from Sweden were valued at $5.2 billion. Bilateral services trade reached $2.2 billion in 2024, the latest year listed by the department.

The commercial relationship operates under the Canada-European Union Comprehensive Economic and Trade Agreement. Canada and Sweden also established a strategic partnership in November 2025 covering several policy areas.

Sources: the ISED news release published November 1, 2026 and Global Affairs Canada’s Canada–Sweden relations page, modified March 11, 2026.

Illustrative stock photo of Stockholm: Ana Bórquez via Unsplash, used under the Unsplash License. The image does not depict the minister’s meetings.