Export Development Canada is opening 3 new offices in Europe
The move comes amid deepening ties between Canada and the European Union, including a proposal to make Canada the EU’s first 'associate member.'
Export Development Canada (EDC) plans to establish three new offices in Europe, according to a statement released Thursday. This brings the total of EDC's European offices to five, including two in France, one in Sweden, and another in Poland, with the latter planned for 2027. The expansion aims to strengthen Canada's presence in the European market, where almost one-third of Canadian exporters plan to enter within the next two years, based on EDC's 2026 Trade Confidence Index.
The move also aligns with Prime Minister Mark Carney's strategy to double Canada's non-U.S. exports, following the collapse of trade talks between Canada and the U.S. due to last-minute demands from the Trump administration. EDC expects Canada's exports to Europe to surpass US$104 billion in goods and US$41 billion in services by 2035.
The agency cites growing interest among Canadian exporters to sell to Europe as the primary driver behind this expansion.
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