Canadian companies sign more than $1.7-billion in deals during federal trade mission in Japan
Canadian companies have secured over $1.7 billion in deals during a federal trade mission to Japan, focusing on sectors like carbon capture, technology, and defense. This mission is part of Canada's broader strategy to diversify trade and strengthen security ties in the Indo-Pacific.
Why it matters
Strengthening economic and defense partnerships between Canada and Japan reflects a strategic shift toward Indo-Pacific integration and supply chain diversification.
A drone view of the Deep Sky Alpha carbon capture project in Innisfail, Alta. Sumitomo Mitsui Banking Corp. invested in the project in a move to bolster Japan’s carbon capture ecosystem and support the development of the Japan–Canada carbon removal corridor. Todd Korol/Reuters
The article reports on government trade initiatives and business agreements using official statements.
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