Canadian Economy Shows Resilience, Returns To Trade Surplus

[ExFlyer]

47 minutes ago, CdnFox said:

Maybe I should sleep in a little longer?

Kiddo everybody's laughing at me at this point   

YUP...more fake quotes and lies from confux LOL LOL LOL. Making $hit up is all ya got LOSER??? 

HA HA. HA. confux...41,600+ posts in 3 years...HA HA HA Truly a person with no life except this forum LOL LOL LOL.  Check it out folks...confux never leaves his basement and is on this forum all the time. He has the highest post count on this forum...all done in 3 years and at his rate, in a few weeks he will hit 42,000 post LOL LOL LOL

And manipulating quotes is the best you can do LOSER ?  More LIES firm the LOSER LOL

Oh yes, you can refer that confux and verandahbouy have proven their intimate relationship LOL LOL LOL

Ahhh, whaddaya call the person that down votes for you other than your bum buddy LOL LOL LOL

 

Yup.....I pi$$ you off LOSER

Copy and paste...2 clicks is to easy to pi$$ you off LOSER HA HA HA

All you deserve is an endless loop. Enjoy it LOSER

Once again

Ahhh yes, back to pedophile and insulting dead people. Typical LOSER response when LOSING with every post you make HA. HA HA

So sad you have such reading issues LOSER so, here it is for the third time HA HA HA

"Oh...did you miss it the last time LOSER??? LOL

Here it is for you again LOSER

I am sure you have seen this before but you do not seem to get it so, here it is again LOSER LOL LOL LOL

As usual, a zero value post from a ZERO LOSER LOL LOL LOL

A LOSER like you does not deserve anything new. I repeat so you won't forget you are a complete ZERO LOSER and need your equally ZERO LOSER buddy veradahbouy  and now armyboy too to back you up  HA HA HA

 

No meltdown...that is what happens to you when I tap dance in your LOSER head LOL LOL LOL Certainly explains you HA HA HA

Once again, your post only proves confux the LOSER is suffering from blatherskite HA HA HA

OMG...the more you post, the more your lies come out....Can't win with lies LOSER LOL LOL

 

[BeaverFever]

Canadian companies sign more than $1.7-billion in deals during federal trade mission in Japan

 

 

Canadian companies have struck more than $1.7-billion in commercial deals in Japan as a part of the Team Canada trade mission.

Maninder Sidhu, federal Minister of International Trade, witnessed the signing of 14 agreements on Thursday, marking what he said was a record amount of money secured during a Canadian trade mission. 

The trade mission was the largest to the Indo-Pacific region since the government launched its trade diversification strategy in the continent.

“This is trade diversification in action: Canadian businesses signing real agreements, opening new markets, and deepening our partnership with Japan, one of our most important partners in the Indo-Pacific,” Mr. Sidhu said in a statement.

The three-day mission followed a partnership announced by Canada and Japan during Prime Minister Mark Carney’s visit to Tokyo in March that is aimed at bolstering the nations’ defence, energy, trade and technology sectors through cross-country collaboration.

The trade visit comes on the heels of a new Canada-Japan Equipment and Technology Transfer Agreement, which came into force last week and establishes a framework to facilitate the transfer of defence equipment and technology.

Ottawa seeking closer defence ties with Japan as it grows presence in Indo-Pacific

The moves are part of broader efforts by Ottawa to diversify and strengthen trade and security co-operation with overseas allies.

The mission, led by Mr. Sidhu, brought more than 300 delegates from 175 Canadian organizations to deepen existing relationships and pursue new partnerships. 

Tokyo-headquartered Mitsubishi Electric Corp. selected Canadian technology company MDA Space Ltd.to support defence satellite communications for Japan’s Ministry of Defence.

 

MDA Space will manufacture and test advanced antenna solutions in Montreal, while the company’s operations in Britain will support the core technology.

Sumitomo Mitsui Banking Corp. invested in Canadian climate tech company Deep Sky in a move to bolster Japan’s carbon capture ecosystem and support the development of the Japan–Canada carbon removal corridor. The deal strengthens a partnership established in December, when the two companies signed a memorandum of understanding.

Montreal-based Deep Sky was founded in 2022 and specializes in direct air capture carbon removal. 

“Investments like this help strengthen commercial ties between Canada and Japan while supporting the growth of innovative climate solutions developed in Canada and deployed globally,” Mr. Sidhu said.

Megan Shay, Deep Sky’s vice-president of communications, told The Globe and Mail said it was a “significant” deal and the “first of its kind for the bank” but did not disclose the terms.

An industry source said the investment is an “eight-figure” amount, or more than $10-million. The Globe is not identifying the source because they were not authorized to speak on the matter.

BlackBerry Ltd. signed a deal with Japanese advanced car parts supplier Astemo to provide software for next-generation vehicles.

 

BlackBerry’s QNX software powers digital dashboards, advanced driver assistance systems and hands-free infotainment for brands like BMW, Ford and Toyota. 

BlackBerry reported Thursday that QNX revenue increased by 26 per cent in the first quarter and the unit is expected to continue delivering growth while being the company’s focus. 

Montreal-based satellite designer and builder RSAT Space and Warpspace – a Japanese space-tech startup that develops intersatellite communication tools – put up US$5-million for a partnership.

Gurvinder Chohan, chief executive of RSAT, said in an interview that the companies have been working together for a few years and would be incorporating Warpspace’s laser communication technology into their satellites that are made in Canada.

Mr. Chohan said that together they’ll be selling the data to various government and non-government offices, which are expected to bring in between US$5-million and US$6-million a year in revenue.

ZeroKey, a quantum tech company based in Calgary, signed a memorandum of understanding with Deloitte Japan to introduce factory automation and digital transformation in Japan’s manufacturing sector using ZeroKey’s Canadian-developed real-time location technology. The company has previously partnered with Deloitte for its Smart Factory in Montreal.

The trade mission allowed Canadian companies to cross paths in Tokyo, including Vancouver-based SPARC Global and Autnhive Corporation, an Oakville, Ont.-based cybersecurity platform, which signed a memorandum of understanding in Japan worth $10-million. 

A spokesperson for Mr. Sidhu said Vancouver-based Kanata Clean Power & Climate Technologies Corp., which is developing Kanata LNG, a floating export project planned for Prince Rupert, B.C., is actively pursuing agreements with Japanese buyers.

Kanata expects the project would be used to export liquefied natural gas to Asia.

 

https://www.theglobeandmail.com/business/article-canadian-companies-sign-more-than-17-billion-in-deals-during-federal/

 

 

 

Edited Friday at 11:33 PM by BeaverFever

[CdnFox]

1 hour ago, BeaverFever said:

Canadian companies sign more than $1.7-billion in deals during federal trade mission in Japan

 

 

Canadian companies have struck more than $1.7-billion in commercial deals in Japan as a part of the Team Canada trade mission.

Maninder Sidhu, federal Minister of International Trade, witnessed the signing of 14 agreements on Thursday, marking what he said was a record amount of money secured during a Canadian trade mission. 

The trade mission was the largest to the Indo-Pacific region since the government launched its trade diversification strategy in the continent.

“This is trade diversification in action: Canadian businesses signing real agreements, opening new markets, and deepening our partnership with Japan, one of our most important partners in the Indo-Pacific,” Mr. Sidhu said in a statement.

The three-day mission followed a partnership announced by Canada and Japan during Prime Minister Mark Carney’s visit to Tokyo in March that is aimed at bolstering the nations’ defence, energy, trade and technology sectors through cross-country collaboration.

The trade visit comes on the heels of a new Canada-Japan Equipment and Technology Transfer Agreement, which came into force last week and establishes a framework to facilitate the transfer of defence equipment and technology.

Ottawa seeking closer defence ties with Japan as it grows presence in Indo-Pacific

The moves are part of broader efforts by Ottawa to diversify and strengthen trade and security co-operation with overseas allies.

The mission, led by Mr. Sidhu, brought more than 300 delegates from 175 Canadian organizations to deepen existing relationships and pursue new partnerships. 

Tokyo-headquartered Mitsubishi Electric Corp. selected Canadian technology company MDA Space Ltd.to support defence satellite communications for Japan’s Ministry of Defence.

 

MDA Space will manufacture and test advanced antenna solutions in Montreal, while the company’s operations in Britain will support the core technology.

Sumitomo Mitsui Banking Corp. invested in Canadian climate tech company Deep Sky in a move to bolster Japan’s carbon capture ecosystem and support the development of the Japan–Canada carbon removal corridor. The deal strengthens a partnership established in December, when the two companies signed a memorandum of understanding.

Montreal-based Deep Sky was founded in 2022 and specializes in direct air capture carbon removal. 

“Investments like this help strengthen commercial ties between Canada and Japan while supporting the growth of innovative climate solutions developed in Canada and deployed globally,” Mr. Sidhu said.

Megan Shay, Deep Sky’s vice-president of communications, told The Globe and Mail said it was a “significant” deal and the “first of its kind for the bank” but did not disclose the terms.

An industry source said the investment is an “eight-figure” amount, or more than $10-million. The Globe is not identifying the source because they were not authorized to speak on the matter.

BlackBerry Ltd. signed a deal with Japanese advanced car parts supplier Astemo to provide software for next-generation vehicles.

 

BlackBerry’s QNX software powers digital dashboards, advanced driver assistance systems and hands-free infotainment for brands like BMW, Ford and Toyota. 

BlackBerry reported Thursday that QNX revenue increased by 26 per cent in the first quarter and the unit is expected to continue delivering growth while being the company’s focus. 

Montreal-based satellite designer and builder RSAT Space and Warpspace – a Japanese space-tech startup that develops intersatellite communication tools – put up US$5-million for a partnership.

Gurvinder Chohan, chief executive of RSAT, said in an interview that the companies have been working together for a few years and would be incorporating Warpspace’s laser communication technology into their satellites that are made in Canada.

Mr. Chohan said that together they’ll be selling the data to various government and non-government offices, which are expected to bring in between US$5-million and US$6-million a year in revenue.

ZeroKey, a quantum tech company based in Calgary, signed a memorandum of understanding with Deloitte Japan to introduce factory automation and digital transformation in Japan’s manufacturing sector using ZeroKey’s Canadian-developed real-time location technology. The company has previously partnered with Deloitte for its Smart Factory in Montreal.

The trade mission allowed Canadian companies to cross paths in Tokyo, including Vancouver-based SPARC Global and Autnhive Corporation, an Oakville, Ont.-based cybersecurity platform, which signed a memorandum of understanding in Japan worth $10-million. 

A spokesperson for Mr. Sidhu said Vancouver-based Kanata Clean Power & Climate Technologies Corp., which is developing Kanata LNG, a floating export project planned for Prince Rupert, B.C., is actively pursuing agreements with Japanese buyers.

Kanata expects the project would be used to export liquefied natural gas to Asia.

 

https://www.theglobeandmail.com/business/article-canadian-companies-sign-more-than-17-billion-in-deals-during-federal/

 

 

 

Uhhh you know the trip is expected to cost just over 2 billion right?

[BeaverFever]

2 minutes ago, CdnFox said:

Uhhh you know the trip is expected to cost just over 2 billion right?

Lol where did you get that figure?

[CdnFox]

Just now, BeaverFever said:

Lol where did you get that figure?

From the estimates and based on his other trips that is about what it should cost. Somewhere in the neighborhood of 2.7. Hell his food and aaccommodatons bill for him and the team will be up over a billion. +

But hey, prove me wrong. You post what it actually cost and we'll see.

[BeaverFever]

1 minute ago, CdnFox said:

From the estimates and based on his other trips that is about what it should cost. Somewhere in the neighborhood of 2.7. Hell his food and aaccommodatons bill for him and the team will be up over a billion. +

But hey, prove me wrong. You post what it actually cost and we'll see.

In other words more of your absolute bullshit. A trip to Japan doesn’t cost $2.7 billion. Food doesn’t cost 1 billion. Once again you are getting number and details horribly mixed up and you lack the intellect to how absurd they are. And you offer ZERO evidence to support your absurd claims and instead demand people “prove you wrong”  

Carney wasn’t even on that trip to Japan you clueless clown  

Pierre Poillievre eats babies at night “but hey prove me wrong!”

[ExFlyer]

12 hours ago, CdnFox said:

Uhhh you know the trip is expected to cost just over 2 billion right?

who paid for the trade mission to japan?

The participating Canadian businesses and organizations paid for their own travel, accommodations, and meals, while the Federal Government of Canada covered the costs of organizing and hosting the core programming. 

The Team Canada Trade Mission to Japan, which took place from June 23 to 26, 2026, split expenses using the following framework:

Participant Expenses

• No Attendance Fees: There was no registration fee charged by the government to join the official business delegation.
• Out-of-Pocket Costs: The nearly 300 business leaders from roughly 175 organizations were entirely responsible for booking and financing their own airfare, ground transportation, hotels, and personal daily meals.
• Federal Subsidies: Some eligible small- and medium-sized enterprises (SMEs) received financial assistance to help offset up to 50% of their travel costs through Global Affairs Canada's CanExport program."
•  

[John Johnston]

10 minutes ago, ExFlyer said:

who paid for the trade mission to japan?

 

The participating Canadian businesses and organizations paid for their own travel, accommodations, and meals, while the Federal Government of Canada covered the costs of organizing and hosting the core programming. 

The Team Canada Trade Mission to Japan, which took place from June 23 to 26, 2026, split expenses using the following framework:

 

Participant Expenses

• No Attendance Fees: There was no registration fee charged by the government to join the official business delegation.
• Out-of-Pocket Costs: The nearly 300 business leaders from roughly 175 organizations were entirely responsible for booking and financing their own airfare, ground transportation, hotels, and personal daily meals.
• Federal Subsidies: Some eligible small- and medium-sized enterprises (SMEs) received financial assistance to help offset up to 50% of their travel costs through Global Affairs Canada's CanExport program."
•  

That's not very Sportsmanlike there Flyer. You are expecting these guys to read, educate themselves and fact check their posts. No Fair!!! 😏

[ExFlyer]

38 minutes ago, John Johnston said:

That's not very Sportsmanlike there Flyer. You are expecting these guys to read, educate themselves and fact check their posts. No Fair!!! 😏

I like to help when some find it difficult to help themselves LOL

But wait...for the retorts LOL

[CdnFox]

16 hours ago, BeaverFever said:

In other words more of your absolute bullshit. A trip to Japan doesn’t cost $2.7 billion. Food doesn’t cost 1 billion. Once again you are getting number and details horribly mixed up and you lack the intellect to how absurd they are. And you offer ZERO evidence to support your absurd claims and instead demand people “prove you wrong”  

Carney wasn’t even on that trip to Japan you clueless clown  

Pierre Poillievre eats babies at night “but hey prove me wrong!”

In other words once again you know I'm right and you can't offer any proof to the contrary so you're pouting and running around like a crybaby.

There's another one for you

 

Stick your head in the sand and poop your pants all you like, it's not changing the truth

4 hours ago, ExFlyer said:

who paid for the trade mission to japan?\

The government, that date for its organization and for all of its people who attended and for the venues etc etc.

Individual companies may have paid their own travel expenses and that's great but they're also the ones that got the contracts and get to keep the money.

If you've got some information that suggests that the government paid less money than I said then by all means let's hear it.

[CdnFox]

4 hours ago, John Johnston said:

That's not very Sportsmanlike there Flyer. You are expecting these guys to read, educate themselves and fact check their posts. No Fair!!! 😏

Awww, nothing to add so you're trying desperately to pretend like you're relevant  

Well big guy what he quoted specifically said the canadian gov't paid for some of this,  do you know how much?

No? DOn't know what you're talking about? Just mumbling in the corner like a scared Chihuahua?

Yeah.  

3 hours ago, ExFlyer said:

I like to help when some find it difficult to help themselves LOL

Well that's fine when it's something you're an expert in. If I ever need help on how to live in my mommy's basement and pretend I'm older than I am I will definitely come to you

But your own quote says the government paid. How much did they pay? If I'm wrong then great post it

[John Johnston]

8 minutes ago, CdnFox said:

Awww, nothing to add so you're trying desperately to pretend like you're relevant  

Well big guy what he quoted specifically said the canadian gov't paid for some of this,  do you know how much?

No? DOn't know what you're talking about? Just mumbling in the corner like a scared Chihuahua?

Yeah.  

Well that's fine when it's something you're an expert in. If I ever need help on how to live in my mommy's basement and pretend I'm older than I am I will definitely come to you

But your own quote says the government paid. How much did they pay? If I'm wrong then great post it

Want some Cheese for your Whine? 

Edited Saturday at 04:47 PM by John Johnston

[CdnFox]

1 minute ago, John Johnston said:

Want some Cheese for your Whine? 

That'll be my line kiddo, you're the one who's crying and hiding behind other people's skirts  

Do you need me to get you a puppy in a safe space? Going to be okay little guy? So I don't want you not to be able to sleep tonight  

 

 

[John Johnston]

4 minutes ago, CdnFox said:

That'll be my line kiddo, you're the one who's crying and hiding behind other people's skirts  

Do you need me to get you a puppy in a safe space? Going to be okay little guy? So I don't want you not to be able to sleep tonight  

 

 

Lol. No hobbies? No job? Just this?

Edited Saturday at 04:54 PM by John Johnston

[CdnFox]

And in other economic news:

The brain drain from B.C., and Canada, is worsening | Vancouver Sun

"B.C.'s lagging economy and high taxes mean more highly-educated young people are moving away

On top of that, many more residents of Canada than before are heading off to other countries."

 

Left wing policies are destroying our country. And Carney is just making it worse, we are on exactly the same trajectory that we were with Justin Trudeau. I'd soon all we're going to be left with is low value low pick employees natural anchor to rally around and no homes or jobs worth having

It's pretty hard to come back from that

2 minutes ago, John Johnston said:

Lol. No hobbies? No job? Just this?

Well i'll take your word for it, you have no hobbies or jobs just this. Which really sucks for you because you're BAD at this  

Let me guess, you were the kid that got bullied in school and the first to give up his lunch money and this timid little passive aggressive stuff is your way to try and cope with it without actually paying for therapy  

Sorry to hear about your life kid, hope it gets better

[ExFlyer]

16 minutes ago, CdnFox said:

....

Well that's fine when it's something you're an expert in. If I ever need help on how to live in my mommy's basement and pretend I'm older than I am I will definitely come to you

But your own quote says the government paid. How much did they pay? If I'm wrong then great post it

Government paid for "participating Canadian businesses and organizations paid for their own travel, accommodations, and meals, while the Federal Government of Canada covered the costs of organizing and hosting the core programming. "   and certainly not for $2 Billion like you accused LOL SO, once again, it is you that is the LIAR LOSER !!!

 

 

YUP...more fake quotes and lies from confux LOL LOL LOL. Making $hit up is all ya got LOSER??? 

HA HA. HA. confux...41,600+ posts in 3 years...HA HA HA Truly a person with no life except this forum LOL LOL LOL.  Check it out folks...confux never leaves his basement and is on this forum all the time. He has the highest post count on this forum...all done in 3 years and at his rate, in a few weeks he will hit 42,000 post LOL LOL LOL

And manipulating quotes is the best you can do LOSER ?  More LIES firm the LOSER LOL

Oh yes, you can refer that confux and verandahbouy have proven their intimate relationship LOL LOL LOL

Ahhh, whaddaya call the person that down votes for you other than your bum buddy LOL LOL LOL

 

Yup.....I pi$$ you off LOSER

Copy and paste...2 clicks is to easy to pi$$ you off LOSER HA HA HA

All you deserve is an endless loop. Enjoy it LOSER

Once again

Ahhh yes, back to pedophile and insulting dead people. Typical LOSER response when LOSING with every post you make HA. HA HA

So sad you have such reading issues LOSER so, here it is for the third time HA HA HA

"Oh...did you miss it the last time LOSER??? LOL

Here it is for you again LOSER

I am sure you have seen this before but you do not seem to get it so, here it is again LOSER LOL LOL LOL

As usual, a zero value post from a ZERO LOSER LOL LOL LOL

A LOSER like you does not deserve anything new. I repeat so you won't forget you are a complete ZERO LOSER and need your equally ZERO LOSER buddy veradahbouy  and now armyboy too to back you up  HA HA HA

 

No meltdown...that is what happens to you when I tap dance in your LOSER head LOL LOL LOL Certainly explains you HA HA HA

Once again, your post only proves confux the LOSER is suffering from blatherskite HA HA HA

OMG...the more you post, the more your lies come out....Can't win with lies LOSER LOL LOL

 

 

[John Johnston]

1 minute ago, CdnFox said:

And in other economic news:

The brain drain from B.C., and Canada, is worsening | Vancouver Sun

"B.C.'s lagging economy and high taxes mean more highly-educated young people are moving away

On top of that, many more residents of Canada than before are heading off to other countries."

 

Left wing policies are destroying our country. And Carney is just making it worse, we are on exactly the same trajectory that we were with Justin Trudeau. I'd soon all we're going to be left with is low value low pick employees natural anchor to rally around and no homes or jobs worth having

It's pretty hard to come back from that

So move to Florida. 

[ExFlyer]

4 minutes ago, John Johnston said:

Lol. No hobbies? No job? Just this?

Hobbies??? Over 41.6 thousand posts in 3 years....that is over 38 posts per day...methinks that is a very active hobbie LOL All from the depths of his basement

[CdnFox]

Just now, ExFlyer said:

Government paid for

Oh the GOV"T DID PAY !!!  AHhhh so i was right all along    well thanks for pointing it out again but i think we wall new that going into it   

Just now, ExFlyer said:

Yup.....I pi$$ed and pooped myself with that one.  I can't seem to get anything right. I'm just not myself since my mommie took my binky away! (snif!) 

 

Sorry to hear that kiddo. But at least you still got your Hello Kitty security blanket to hug, right?

2 minutes ago, John Johnston said:

So move to Florida. 

Why? Or is that just your way of saying that you now concede that things are horrible here and people should leave. Well I guess as far as admissions go that one's pretty straightforward.  

But yeah, A lot of our best and brightest people are doing exactly that. They're packing up and heading to Florida or other states where they can make a decent living and have a decent life.

Mark carney and your liberal Buddies screwed up so badly that they're literally making Donald Trump's America look good to educated and Talented people. That's pretty bad

[John Johnston]

2 minutes ago, ExFlyer said:

Hobbies??? Over 41.6 thousand posts in 3 years....that is over 38 posts per day...methinks that is a very active hobbie LOL All from the depths of his basement

 

And all these posts say the same thing, waa waa waa waa waa waa waa waa ad infinitum.

What a way to go through life. 😄

3 minutes ago, CdnFox said:

Oh the GOV"T DID PAY !!!  AHhhh so i was right all along    well thanks for pointing it out again but i think we wall new that going into it   

Sorry to hear that kiddo. But at least you still got your Hello Kitty security blanket to hug, right?

Why? Or is that just your way of saying that you now concede that things are horrible here and people should leave. Well I guess as far as admissions go that one's pretty straightforward.  

But yeah, A lot of our best and brightest people are doing exactly that. They're packing up and heading to Florida or other states where they can make a decent living and have a decent life.

Mark carney and your liberal Buddies screwed up so badly that they're literally making Donald Trump's America look good to educated and Talented people. That's pretty bad

If your not happy leave. 

[John Johnston]

4 minutes ago, CdnFox said:

Oh the GOV"T DID PAY !!!  AHhhh so i was right all along    well thanks for pointing it out again but i think we wall new that going into it   

Sorry to hear that kiddo. But at least you still got your Hello Kitty security blanket to hug, right?

Why? Or is that just your way of saying that you now concede that things are horrible here and people should leave. Well I guess as far as admissions go that one's pretty straightforward.  

But yeah, A lot of our best and brightest people are doing exactly that. They're packing up and heading to Florida or other states where they can make a decent living and have a decent life.

Mark carney and your liberal Buddies screwed up so badly that they're literally making Donald Trump's America look good to educated and Talented people. That's pretty bad

If you know everything, then go run for office and fix all your problems. Sitting here whining all day won't help you. Do something about it. 

[CdnFox]

Just now, John Johnston said:

And all these posts say the same thing, waa waa waa waa waa waa waa waa ad infinitum.

Yes but we don't mind, Exflyer maybe repetitive and crying but he's always entertaining   But yes you're correct.

Where is you're more like the little Chihuahua that runs out from behind granny skirt yaps a few times and then dives back in terror. Being the kid in the class that everyone picks on can leave some strong emotional scars and I'm sorry to see that you're still struggling with that

 

[Legato]

18 hours ago, BeaverFever said:

Canadian companies sign more than $1.7-billion in deals during federal trade mission in Japan

 

 

Canadian companies have struck more than $1.7-billion in commercial deals in Japan as a part of the Team Canada trade mission.

Maninder Sidhu, federal Minister of International Trade, witnessed the signing of 14 agreements on Thursday, marking what he said was a record amount of money secured during a Canadian trade mission. 

The trade mission was the largest to the Indo-Pacific region since the government launched its trade diversification strategy in the continent.

“This is trade diversification in action: Canadian businesses signing real agreements, opening new markets, and deepening our partnership with Japan, one of our most important partners in the Indo-Pacific,” Mr. Sidhu said in a statement.

The three-day mission followed a partnership announced by Canada and Japan during Prime Minister Mark Carney’s visit to Tokyo in March that is aimed at bolstering the nations’ defence, energy, trade and technology sectors through cross-country collaboration.

The trade visit comes on the heels of a new Canada-Japan Equipment and Technology Transfer Agreement, which came into force last week and establishes a framework to facilitate the transfer of defence equipment and technology.

Ottawa seeking closer defence ties with Japan as it grows presence in Indo-Pacific

The moves are part of broader efforts by Ottawa to diversify and strengthen trade and security co-operation with overseas allies.

The mission, led by Mr. Sidhu, brought more than 300 delegates from 175 Canadian organizations to deepen existing relationships and pursue new partnerships. 

Tokyo-headquartered Mitsubishi Electric Corp. selected Canadian technology company MDA Space Ltd.to support defence satellite communications for Japan’s Ministry of Defence.

 

MDA Space will manufacture and test advanced antenna solutions in Montreal, while the company’s operations in Britain will support the core technology.

Sumitomo Mitsui Banking Corp. invested in Canadian climate tech company Deep Sky in a move to bolster Japan’s carbon capture ecosystem and support the development of the Japan–Canada carbon removal corridor. The deal strengthens a partnership established in December, when the two companies signed a memorandum of understanding.

Montreal-based Deep Sky was founded in 2022 and specializes in direct air capture carbon removal. 

“Investments like this help strengthen commercial ties between Canada and Japan while supporting the growth of innovative climate solutions developed in Canada and deployed globally,” Mr. Sidhu said.

Megan Shay, Deep Sky’s vice-president of communications, told The Globe and Mail said it was a “significant” deal and the “first of its kind for the bank” but did not disclose the terms.

An industry source said the investment is an “eight-figure” amount, or more than $10-million. The Globe is not identifying the source because they were not authorized to speak on the matter.

BlackBerry Ltd. signed a deal with Japanese advanced car parts supplier Astemo to provide software for next-generation vehicles.

 

BlackBerry’s QNX software powers digital dashboards, advanced driver assistance systems and hands-free infotainment for brands like BMW, Ford and Toyota. 

BlackBerry reported Thursday that QNX revenue increased by 26 per cent in the first quarter and the unit is expected to continue delivering growth while being the company’s focus. 

Montreal-based satellite designer and builder RSAT Space and Warpspace – a Japanese space-tech startup that develops intersatellite communication tools – put up US$5-million for a partnership.

Gurvinder Chohan, chief executive of RSAT, said in an interview that the companies have been working together for a few years and would be incorporating Warpspace’s laser communication technology into their satellites that are made in Canada.

Mr. Chohan said that together they’ll be selling the data to various government and non-government offices, which are expected to bring in between US$5-million and US$6-million a year in revenue.

ZeroKey, a quantum tech company based in Calgary, signed a memorandum of understanding with Deloitte Japan to introduce factory automation and digital transformation in Japan’s manufacturing sector using ZeroKey’s Canadian-developed real-time location technology. The company has previously partnered with Deloitte for its Smart Factory in Montreal.

The trade mission allowed Canadian companies to cross paths in Tokyo, including Vancouver-based SPARC Global and Autnhive Corporation, an Oakville, Ont.-based cybersecurity platform, which signed a memorandum of understanding in Japan worth $10-million. 

A spokesperson for Mr. Sidhu said Vancouver-based Kanata Clean Power & Climate Technologies Corp., which is developing Kanata LNG, a floating export project planned for Prince Rupert, B.C., is actively pursuing agreements with Japanese buyers.

Kanata expects the project would be used to export liquefied natural gas to Asia.

 

https://www.theglobeandmail.com/business/article-canadian-companies-sign-more-than-17-billion-in-deals-during-federal/

 

 

 

The "catch" is that these deals are largely long-term commitments, Memorandums of Understanding (MOUs), or early-stage partnerships. They are not instant cash injections. Entering the Japanese market requires significant upfront investment, years of face-to-face meetings to build trust, and navigating unique cultural and regulatory barriers before seeing actual revenue.

Many are MOUs, not final sales: A substantial portion of the $1.7-billion figure consists of MOUs and preliminary research agreements. These are frameworks to explore business together rather than guaranteed revenue. 

Long sales cycles: The Japanese business landscape demands a massive investment of time and relationship-building. As one delegate noted, "You cannot come to Japan and expect success overnight."

Strategic geopolitical pivot: More than 40 of the 175 Canadian companies were focused heavily on defence, AI, and cybersecurity. These partnerships are tied to the Canada-Japan Comprehensive Strategic Roadmap, meaning many "commercial deals" are tightly intertwined with government defence procurement and Indo-Pacific security strategies. 

[CdnFox]

Just now, John Johnston said:

If you know everything, then go run for office and fix all your problems.

If you knew anything at all you would know that the last thing that someone who knew everything would do is run for public office   

Sounds like you're starting to get a little upset. Trying to calm down little guy, this is just the internet.

[CdnFox]

1 minute ago, Legato said:

The "catch" is that these deals are largely long-term commitments, Memorandums of Understanding (MOUs), or early-stage partnerships. They are not instant cash injections. Entering the Japanese market requires significant upfront investment, years of face-to-face meetings to build trust, and navigating unique cultural and regulatory barriers before seeing actual revenue.

Many are MOUs, not final sales: A substantial portion of the $1.7-billion figure consists of MOUs and preliminary research agreements. These are frameworks to explore business together rather than guaranteed revenue. 

Long sales cycles: The Japanese business landscape demands a massive investment of time and relationship-building. As one delegate noted, "You cannot come to Japan and expect success overnight."

Strategic geopolitical pivot: More than 40 of the 175 Canadian companies were focused heavily on defence, AI, and cybersecurity. These partnerships are tied to the Canada-Japan Comprehensive Strategic Roadmap, meaning many "commercial deals" are tightly intertwined with government defence procurement and Indo-Pacific security strategies. 

And fair enough. It might be argued that these deals in and of themselves may not be worth much more than we paid to get them if they even materialize at all over the years but they open doors and perhaps will lead to further expansion of our relationship.

But the bar it's pretty minor and carney is trying to sell it off as being a big win reality it's basically baby's first step and there are economy is still going to be every bit as much in trouble as it was before over the next year with this even with this.