The crown prince of Abu Dhabi is in Ottawa for meetings with Prime Minister Mark Carney today that are expected to culminate in a $70 billion investment in Canada by the United Arab Emirates.
Carney greeted Sheikh Khaled bin Mohamed bin Zayed Al Nahyan at a welcome ceremony held on Parliament Hill on Oct. 27, followed by a joint signing ceremony between the two officials.
Carney told reporters the leaders would share details later today of the strategic partnership, which is expected to include the $70 billion investment and expand the current trade partnership between the two countries.
“Canada and the United Arab Emirates have enormous potential to deepen our economic and security ties,” Carney said. “Building on the progress we have made over the past year, we will turn that potential into concrete results—more trade, new investment, and greater certainty, security, and prosperity for both our peoples.”…