Overview

• The embassy has operated since December 2024 and received its formal inauguration in Ottawa on June 11 by Foreign Affairs Minister Xavier Bettel.
• Statistics Canada ranks Luxembourg as the eighth largest source of foreign direct investment in Canada, reflecting its status as a major financial hub.
• Luxembourg is pursuing economic diversification beyond financial services and steel by targeting growth sectors such as cybersecurity and healthcare.
• University of Luxembourg political scientist Robert Harmsen says the new diplomatic presence could help Canada strengthen exports to European Union markets as U.S. trade engagement recedes.
• Prime Minister Mark Carney has made deeper trade ties with Europe a central element of Ottawa’s strategy to expand export markets.