How many German companies operate in Canada?
According to the Deutsche Bundesbank, Canada has 628 companies with headquarters in Germany.
Why should German companies expand to Canada?
Germany and Canada are two countries with similar values, institutions and long-term goals thus making them compatible partners. With Canada actively expanding its economic presence and boosting trade diversity, now is a great time to consider Canada. CETA gives German exporters near-tariff-free access without needing a physical presence. Canada's abundant natural resources make it an attractive North American base for German firms interested in critical minerals, hydrogen, or clean energy. With already close to 72 thousand people employed by German companies, Canada is eager to welcome skilled employment. Read more under Why Canada
How important is Germany as a trading partner for Canada?
Germany is Canada’s largest EU partner, sixth overall and total trade volume in 2025 was an impressive $30.5 billion or €18.8 billion. This is evidence of a fruitful, ever-evolving relationship and friendship.
Which German products and services are in demand in Canada?
Germany is a powerhouse in the automotive and manufacturing industry. Canada’s imports reflect this, with almost half of total imports consisting of industrial machinery and motor vehicles. Looking ahead, Germany is expanding their EV production and 48% of newly registered cars are electric . In addition to industrial goods, Germany is also a leading exporter of pharmaceutical products ($2.6/ €1.8 billion value), one of the country's most important consumer goods exports to Canada.
How important is Germany in Canada’s economy?
Germany is a key pillar for Canada’s growing economy and its strongest connection amongst European nations. One of the factors that make this relationship so invaluable is the amount of German investment in Canada ($40.3 billion CAD, ranking fourth worldwide).
Which agreements support business between Germany and Canada?
Germany and Canada have built a strong economic partnership over more than 75 years of diplomatic relations. Several bilateral and multilateral agreements support trade, investment, and innovation between the two countries. Most notably, the Comprehensive Economic and Trade Agreement (CETA) reduces trade barriers and improves market access. Other important agreements include Horizon Europe, Eureka, the Enterprise Europe Network, the Canada–Germany Double Taxation Agreement, and the Canada–Germany Social Security Agreement, which facilitate research collaboration, business expansion, and cross-border investment, making Canada a highly attractive market for German companies.
What are the top German companies operating in Canada?
German companies play an important role in the Canadian economy through investment, employment, and innovation. Major employers include Siemens Digital Industries, SAP Canada, and DHL Express Canada, while companies such as Volkswagen, Bosch, BASF, and Bayer have expanded operations in Canada's automotive, advanced manufacturing, clean energy, and life sciences industries. These investments strengthen economic ties between Germany and Canada and support thousands of Canadian jobs.
