Prime Minister Mark Carney arrived in Doha on Saturday as part of a push to attract foreign investment and deepen Canada’s economic partnerships beyond its traditional allies.
Carney’s visit comes on the heels of his visit to China and follows the recent presentation of a new federal investment budget aimed at positioning Canada as a stable, attractive destination for global capital.
In a news conference on Saturday, Finance Minister François-Philippe Champagne said Canada is working to broaden its economic relationships as global trade patterns shift.
“We are one of the G7s with very big industries. We build cars, planes, ships, we have an abundance of energy, and we are the only one with free trade with all G7,” Champagne said. “With the way the world is changing, you better diversify, supply chain is changing and we need to adapt.”
Carney seems to be working towards making multiple small trade agreements with many nations vs what Canada has done up until now … which was to trade mostly with America.
If Qatar has things we need there is little reason to deny trade.
What does Qatar has that other countries don’t? Other than oil, I can’t see what it could be.
In this case, I would expect we would be a net exporter in return for money.