Deepening Canada–Ireland Trade and Investment—September 2025

Deepening Canada–Ireland Trade and Investment—September 2025

Canadian Economic Analysis Global Economic Analysis
Pages:41 pages32 min read

Author: The Conference Board of Canada

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Canada and Ireland’s economic relationship has grown rapidly under CETA. Strategic action could unlock billions in trade, strengthen investment ties, and bolster resilience in an uncertain global economy.

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Beyond Barriers: Deepening Canada–Ireland Trade and Investment

Canada and Ireland have cultivated a dynamic and resilient economic relationship, nearly doubling trade since the implementation of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). Yet, there remains untapped potential. Strategic action could unlock an additional US$1.5 billion in goods trade and potentially another US$571 million in services, while strengthening investment and resilience.

This impact paper explores:

  • the shared foundations and complementary strengths driving bilateral success;
  • five high-potential service sectors and 13 goods categories with unrealized trade potential;
  • investment trends and sectoral opportunities for Canadian and Irish firms;
  • policy and business actions needed to scale the relationship.

Read the impact paper to get our full analysis.

Key findings
Assessing the Canada–Ireland economic relationship
Strong foundations for a deeper relationship
Investment is key to supporting growth in bilateral trade
Bilateral trade has nearly doubled under CETA
Assessing the opportunities for growth
Enabling the possibilities
Appendix A: Methodology
Appendix B: Opportunities for goods exports
Appendix C: Bibliography


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