Close window
Printer-versionInvestment
Norway is the 9th largest source of foreign direct investment for Canada, and the 6th largest investor from Europe. Last confirmed figures for Norwegian investment stock in Canada totaled C$4 billion. Significant Norwegian capital has been invested in Canada's offshore oil and gas industry, light metals, aquaculture, transportation and pulp and paper industries.
Norwegian oil service companies have developed an expertise within the various activities of oil and gas exploration, development, operation and transportation. This expertise allows them to handle large and complex projects, such as supervising the construction of the platform installed in the Hibernia oilfield offshore near Newfoundland in 1997. In 1996, Norsk Hydro and Petro- Canada formed a long-term strategic alliance to pursue opportunities in the North Sea and offshore Newfoundland.
For information on setting up a business in Canada, basic information can be accessed here. The site includes a Guide for Canadian Small Businesses and Business Start-up Assistance.
General information on investing is Canada can be accessed at http://www.investincanada.gc.ca