Overview
- The two governments signed a Foreign Investment Promotion and Protection Agreement to provide clear rules and legal safeguards for two‑way capital.
- Negotiations toward a Comprehensive Economic Partnership Agreement have begun to lower tariffs and expand market access for Canadian exporters.
- The Prime Minister’s Office said a new framework envisions up to US$50 billion of UAE investment targeting energy, artificial intelligence, logistics, mining and other strategic sectors, with timelines and project details still pending.
- Prime Minister Mark Carney said a separate agreement exceeding $1 billion to expand Canadian critical‑minerals processing is nearing completion.
- Some coverage cited a higher total of about US$70 billion or AED260 billion in bilateral investment, highlighting a discrepancy in publicly reported figures that officials have not reconciled.