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Carney Announces Qatari Investments in Canada

Prime Minister Mark Carney announced Sunday⁢ that Qatar⁢ has committed to “making strategic investments in⁤ Canadian‌ projects ‌of national interest.”

These‍ investments will boost⁣ industries in ⁤clean energy,healthcare,artificial intelligence,and defence,as well as “create jobs in Canada.”

Carney spoke of “a new chapter” in the Canada-Qatar bilateral relationship. He ⁢added⁢ that the two countries will ‍also​ strengthen cultural ties, including ⁢an increase in flights between the‌ two countries to stimulate⁤ tourism and the ‍economy.

“When people from different countries ⁤get to‍ know⁣ each other’s culture⁢ and ideas better, everyone benefits. Everyone trusts ⁤each other more. […] Everyone⁣ wants ⁢to ⁢do more⁢ things with each other, everyone wants to‌ build together.”

The Prime Minister also stated ​that both countries aim to “conclude negotiations on a new Foreign Investment Promotion and Protection Agreement [FIPA] by summer.”

Canada will establish a Canadian Defence Attaché office in Doha to increase the frequency ‍and scope of bilateral defense discussions.

Meeting with the Sheikh

Carney was welcomed Sunday

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