Getting Off to a Successful Start in the Canadian Market
Canada is coming into focus for German companies more than ever before. On July 6, 2026, Canada selected Thyssenkrupp Marine Systems (TKMS) as the preferred bidder for the Canadian Patrol Submarine Project—the largest defense procurement project in the country’s history. Just one day later, Chancellor Merz and Prime Minister Carney announced the start of negotiations on a German-Canadian Strategic Partnership Agreement, which is to cover areas including security, technology, supply chains, and energy. Both developments signal a broader strategic rapprochement: As part of its diversification away from one-sided dependence on the U.S., Canada is increasingly viewing Germany as a reliable partner—with opportunities extending far beyond shipbuilding, such as in sensor technology, propulsion systems, energy, and critical minerals.
IHK Erfurt, together with AHK Canada, is capitalizing on precisely this momentum: The Canada Country Day offers you a comprehensive introduction to the Canadian market—from current economic trends to market entry strategies and funding opportunities, all the way to the legal framework.
