Norway 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 Norway’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 oil and gas, cleantech, infrastructure and transportation. Norway is an advanced and open economy with abundant natural resources such as petroleum, hydropower, fish, forests and minerals. Supported by its abundant oil wealth, Norwegians enjoy one of the highest standards of living in the world. Norway ranks 11th out of 137 in the World Economic Forum’s Global Competitiveness Report, making it an attractive location for investment.