Ireland is a wealthy OECD country with a strong commercial relationship with Canada. The country enjoys a stable, healthy, modern economy with a strong political system. As with most modern economies, trade is of high importance to Ireland's market and the potential for Canadian companies is high. EDC sees excellent business and investment potential across a wide range of sectors in the market. Priority sectors include ICT, cleantech and light manufacturing, especially agri-food. Canada and Ireland have an established and growing trade and investment relationship with bilateral treaties in regard to tax, social security and film/video. Ireland is the 10th largest destination for CDIA, which is mostly due to Ireland’s low corporate tax structure and location as a springboard into the European Union. Canadian exports to Ireland will continue to get a boost after the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) comes into effect. Ireland ranks 24th out of 137 in the World Economic Forum’s Global Competitiveness Report, making it an attractive location for investment.
- Food & Beverage
- Machinery - Packaging, Industrial & Analytical Instruments