1、 BUSINESS CLIMATE SURVEY FOR SWEDISH COMPANIES IN CANADA 2025 A REPORT FROM TEAM SWEDEN IN CANADA TABLE OF CONTENTS FOREWORD.3 ABOUT THE SURVEY.5 ECONOMIC OUTLOOK.6 THE MARKET.9 HOW SWEDISH COMPANIES SUCCEED IN CANADA.14 ACTING SUSTAINABLY.17 CONTACT US.21 KEY CONTRIBUTORS TO THIS REPORT Business Sw

2、eden in Canada Christina Keighren Artemida Bodounova The Swedish-Canadian Chamber of Commerce Lisa Quondamatteo Ellen Nilsson Embassy of Sweden in Canada Marie Devlin copyright 2025 Team Sweden FOREWORD FOREWORD As like-minded supporters of open,fair,and sustainable free trade,Sweden and Canada enjo

3、y a longstanding strong commercial relationship underpinned by our shared values and a common outlook on the world.In both countries,there is a deep-rooted belief in innovation and a focus on the green transition as drivers of economic growth.This,together with a similar business mindset,has paved t

4、he way for many Swedes and Swedish businesses to make Canada their home.While past years of reporting on Canadas business climate have been marked by lingering post-Covid-19 uncertainty including supply chain issues,inflation,and workforce shortages this year,these issues are eclipsed by the added e

5、lement of the impact of US tariffs on global trade and economy.In the face of a more challenging global reality,new opportunities arise for Sweden and Canada to deepen collaboration,building on existing strong trade and diplomatic relations.There is also scope for deeper ties between Canada and the

6、European Union,with CETA providing ample opportunities to further boost trade.Year over year,Team Sweden has reported that Swedish firms are well-integrated within the Canadian market.As longstanding suppliers,customers,and partners to Canadian industries,Swedish businesses share the same concerns a