In 2015, France was Canada’s 4th largest merchandise export market in the EU with total Canadian exports reaching CAD 3.1 bn. While trade and investment ties have historically been strong, these could be affected by continued tepid economic growth since the Global Financial Crisis. Moreover, presidential elections in 2017 and near term economic headwinds stemming from the UK’s vote to exit the EU could exact a further negative influence. From a sectorial perspective, EDC has historically seen most activity in the Aerospace (Engines and Components), Automotive & Heavy Truck, Construction & Infrastructure and Extractive (Metals & Mining and Oil & Gas) industries. In addition to these industries, EDC sees strong opportunities in the Cleantech, Renewable Energy, Utilities, ICT and Healthcare / Pharmaceuticals. It should also be noted that France has an accommodative business environment, ranking 22nd out of 140 on the World Economic Forum’s recent Global Competitiveness Report making it an attractive location for investment.
- Advanced Security
- Mining & Metals
- Oil and Gas
- Transportation Services
How we can support your business
Through our representation in London, United Kingdom, we provide regional support to Canadian companies planning on or currently doing business in France. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.
Consult our interactive Country Risk Quarterly report.