{"id":7584,"date":"2026-11-03T14:05:22","date_gmt":"2026-11-03T13:05:22","guid":{"rendered":"https:\/\/globallians.com\/?p=7584"},"modified":"2026-11-03T14:49:54","modified_gmt":"2026-11-03T13:49:54","slug":"asean-and-south-korea-opportunities-and-keys-to-international-success-2","status":"publish","type":"post","link":"https:\/\/globallians.com\/en\/asean-and-south-korea-opportunities-and-keys-to-international-success-2\/","title":{"rendered":"The growth of economic relations between Canada and Europe: how can French businesses benefit from this?"},"content":{"rendered":"\t\t
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Trade tensions with the United States, market diversification, closer ties with the European Union: Canada is experiencing an unprecedented period of openness, from which French companies can benefit.<\/strong> In this article, Fr\u00e9d\u00e9ric Lhotellier, Director of Adexia<\/a>, the Canadian member of Globallians<\/a>, outlines the Canadian market, its growth sectors, real-life examples of French companies operating there, and the key considerations to bear in mind before entering the market. Here are the key points from his presentation.<\/p>\n

Canada, a middle power with a focus on Europe<\/h1>\n

A very large country with a low population density<\/h2>\n

Canada is one of what are now known as \u2018middle powers\u2019. Here are a few key points:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>Indicator\n\n\n\nData\n<\/td>\n<\/tr>\n<\/thead>\n
\nEconomic ranking\n<\/td>\n\n

9th largest economy in the world<\/p><\/td>\n<\/tr>\n

\n

Population<\/p>\n<\/td>\n

\n41 million people\n<\/td>\n<\/tr>\n
\nSurface\n<\/td>\n\n10 million km\u00b2, about 20 times the size of France<\/td>\n\n<\/tr>\n
Population along the US border\n\n<\/td>\n

90 per cent, across a strip 200 km wide<\/p><\/td>\n<\/tr>\n

\nBorder with the United States\n<\/td>\n\n

8 900 km<\/p>\n<\/td>\n<\/tr>\n

\n

Coastline<\/p>\n<\/td>\n

\nOver 240,000 km \u2013 the longest in the world\n<\/td>\n<\/tr>\n
\nFrance\u2013Canada trade in 2025\n<\/td>\n\n\u20ac9.2 billion (imports and exports), a record figure, up 14 per cent year-on-year\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>\n

The low population density has a significant impact on how the market is accessed. The vast coastline also opens up a particularly dynamic blue economy market<\/a>: shipbuilding, water sports and the exploitation of marine resources.<\/p>\n

Abundant natural resources<\/h2>\n

Much of Canada\u2019s wealth has been built on the exploitation of its natural resources. The country is the world\u2019s leading producer of potash, and the world\u2019s second-largest producer of hydroelectricity and uranium. It holds 20 per cent of the world\u2019s freshwater reserves \u2013 an increasingly strategic asset \u2013 and the world\u2019s third-largest oil reserves.<\/p>\n

In Quebec, 99 per cent of electricity comes from renewable sources, mainly hydroelectric power. As it is very affordable, this encourages the establishment of energy-intensive industries such as aluminium smelters and steelworks.<\/p>\n

A country of immigration<\/h2>\n

Canada is a cosmopolitan country, built on immigration, even though some immigration policies have been tightened, both at federal level and in certain provinces, including Quebec. In Toronto, half the population was born abroad. The city is the fourth most populous in North America, behind Mexico City, New York and Los Angeles.<\/p>\n

A strategic gateway to North America<\/h2>\n

Canada is the only G7 country to have both a North American free trade agreement (United States, Mexico, Canada) \u2013 which is currently being renegotiated \u2013 and an agreement with the European Union, CETA. It is therefore a strategic platform for European businesses wishing to test the North American market. Since CETA came into force, French exports to Canada have risen by 45 per cent, despite the agreement\u2019s critics in both France and Canada.<\/p>\n

Tensions with the United States: diversification is the order of the day<\/h1>\n

An unpredictable price war<\/h2>\n

The United States is by far Canada\u2019s largest trading partner and supplier. Economic and political relations between the two countries in recent months are reshaping the way Canada develops its international relations:<\/p>\n