The Saudi-Canadian Investment Forum is a high-level investment event held in Jeddah on the sidelines of the Canadian Prime Minister's visit to the Kingdom. The forum brings together senior officials, investors, financial institutions, and private sector leaders from both countries to deepen investment cooperation and identify opportunities in priority sectors for the two friendly countries.

The forum represents a practical investment milestone within a renewed Saudi-Canadian partnership, bringing together decision-makers from both countries to identify opportunities, build partnerships, and support follow-up in priority sectors.

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A New Phase of Investment Partnership

Saudi Arabia and Canada are moving toward a new phase of investment partnership based on capacity complementarity, mutual respect, and a shared ambition for long-term growth. Within the framework of Saudi Vision 2030, the Kingdom offers a wide scope for growth, reform momentum, advanced infrastructure, capital, and a platform for access to regional and global markets. In return, Canadian companies and institutions possess global capabilities in mining and critical minerals, engineering, financial services, advanced manufacturing, artificial intelligence, and skills development. Through this integration, the two countries can transform renewed bilateral momentum into partnerships, projects, and value chains that support industrial growth, innovation, economic diversification, and shared prosperity. Saudi Arabia and Canada seek to turn capacity complementarity into practical investment opportunities, as the forum connects the demand of Saudi Vision 2030 with Canadian expertise, capital, and innovation in vital fields such as minerals, artificial intelligence, finance, advanced industries, and skills. Furthermore, cooperation opportunities between the two sides are not limited to investment in the Kingdom but include growth from the Kingdom toward regional and global markets.

A Practical Investment Milestone

The forum also represents a practical investment milestone within a renewed Saudi-Canadian partnership, as it brings together decision-makers from both countries to identify opportunities, build partnerships, support follow-up in priority sectors, and build on the existing relationship between the two sides, which is moving toward enhancing investment by leveraging the two countries' integrated capabilities to launch projects and partnerships of long-term economic value.

Both sides prioritize sectors such as mining and critical minerals, financial services, advanced industries, artificial intelligence, data centers, and skills development—areas where Canadian expertise clearly aligns with the Kingdom's national priorities.

Cooperation in the critical minerals sector represents a strong opportunity for both sides. Canada is a global leader in mining and mining finance, while the Kingdom is working to establish mining as a key pillar of economic diversification, opening opportunities in exploration, services, processing, transformative value chains, and collaboration on critical minerals.

Opportunities for Canadian Investors

The Kingdom offers a wide range of opportunities for Canadian and other international investors, including long-term demand, advanced infrastructure, access to regional markets, reform momentum, and a clear investment journey through the Ministry of Investment and the Invest Saudi platform. Canadian companies and institutions, in turn, bring globally recognized capabilities in sectors pivotal to Saudi Vision 2030, including mining, engineering, institutional capital, artificial intelligence, advanced manufacturing, and technical education.

The Ministry of Investment and the 'Invest Saudi' platform will connect interested investors with sectoral opportunities, government entities, private sector partners, incentives, and practical information related to the investor journey.

Investment Opportunities

• The Kingdom's mineral wealth is estimated at about $2.5 trillion across an area exceeding 2.1 million square kilometers.

• The Kingdom has identified opportunities in more than 50 minerals and is accelerating exploration work within the Arabian Shield.

- Canadian companies and capital are already operating in the Kingdom, including Barrick and Ivanhoe Electric's collaboration with Ma'aden to explore approximately 48,500 square kilometers.

- Manara Minerals, a joint venture between the Public Investment Fund and Ma'aden, holds a 10% stake in Vale Base Metals, strengthening Saudi-Canadian shared interests in copper and nickel.

- Mining represents the strongest proof point for Saudi-Canadian collaboration, as it combines Canadian expertise, Saudi mineral potential, and a credible global story tied to critical minerals and supply chains.

Financial Services

The Kingdom offers Canadian capital a deeper pathway into a vital regional financial ecosystem

Canadian investment institutions, asset managers, insurance companies, fintech firms, and financial service providers can participate in the growth of the Kingdom's capital, debt, sukuk, insurance, and venture capital markets.

- The market capitalization of the Saudi financial market reached about SAR 9.44 trillion, or approximately $2.53 trillion, as of June 2026 according to the forum's approved figures.

- Foreign investor access has expanded, providing a clearer pathway for international institutions to participate in the growth of the Saudi market.

- The Kingdom represents one of the deepest regional platforms in debt instruments, sukuk, venture capital, insurance, and asset management.

Advanced Industries and Manufacturing

The Kingdom offers Canadian manufacturers a base to build, meet local demand, and export across three continents.

Saudi Vision 2030 and the National Industrial Strategy create a long-term platform for industrial investment, enabling Canadian companies to benefit from infrastructure, industrial cities, special economic zones, and access to regional markets to expand production and exports.

- The Kingdom aims to reach 35,000 factories by 2035, with industrial investments approaching SAR 2 trillion.

- The Kingdom aims to raise the industrial sector's contribution to GDP to about SAR 895 billion by 2030.

- The manufacturing sector led Canadian investment flows into the Kingdom in 2024, according to Ministry of Investment data.

- Canadian manufacturing companies are already operating in the Kingdom, including Ingenia Polymers as one of the prominent Canadian investors in the Kingdom.

Artificial Intelligence and Data Centers

- The Kingdom provides the computing power, energy, capital, and market demand that Canadian AI companies need to expand globally.

- Canada possesses globally recognized research capabilities, talent, and software in AI, while the Kingdom invests in the infrastructure, energy, and capital required for large-scale commercial deployment of AI.

- The Kingdom plans to reach 6.6 gigawatts of AI data center capacity by 2034.

- AirTrunk, partially owned by Canadian CPP Investments, is developing a $3 billion AI data center campus with HUMAIN.

- The ongoing collaboration with Cohere on Arabic-language AI reflects a practical alignment between the Kingdom and Canada in this field.

Skills and Workforce Development

- Saudi-Canadian investment cooperation is also a partnership in skills development.

- The industrial and technological transformation in the Kingdom requires continuous workforce development, while Canadian institutions have strong international capabilities in technical and vocational education.