With Canada and Europe facing major challenges to their industrial base, the deepening economic relationship between the two in the “Alliance for the Future” presents an opportunity for shared prosperity and strategic resilience. Making the most of the opportunity will require innovative thinking to harness the power of partnerships.
While battery ecosystems in both nations are inherently linked to the automotive sector, batteries are a key technology for countless industries, from power tools to medical devices, from mobile robots to drones, and from renewable energy systems to defence technology. Therefore, it is of the utmost importance for both countries to establish a resilient battery supply chain. Looking at respective priorities and emerging opportunities, we can compare them and put forward some recommendations on further connecting the German and Canadian battery ecosystems.
At this week’s Investment Summit in Toronto, Canada is pitching itself to the world as a stable, investable economy with the resources, talent, and major projects global capital is looking for.
