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Visit by the Prime Minister of Luxembourg to Canada

Published Thursday April 20 2017

H.E. Mr. Xavier Bettel, Prime Minister of Luxembourg, accompanied by H.E. Mr. Pierre Gramegna, Finance Minister, paid an official visit to Ottawa and Toronto on 19 and 20 April.

With Prime Minister Justin Trudeau, Prime Minister Bettel discussed bilateral and international issues. The two Prime Ministers agreed to further strengthen trade ties between the two nations as well as explore different ways to leverage the areas of innovation and technology to create jobs in both countries, also taking advantage of the opportunities that the new Canada-European Union Comprehensive Economic and Trade Agreement (CETA) offers. Prime Minister Bettel highlighted that Luxembourg is the third source of direct foreign investment in Canada while being the fourth most important destination for Canadian investment abroad.

Xavier Bettel and Pierre Gramegna also met with the Governor-General of Canada, the Honourable David Johnston, and with the Lieutenant-Governor of Ontario, the Honourable Elizabeth Dowdeswell. With Bill Morneau, the Finance Minister of Canada, Mr. Bettel and Mr. Gramegna discussed global economic and financial developments, including Brexit, as well as bilateral relations. They also met a number of representatives of the Canadian financial sector to explore opportunities for increased cooperation and visited innovation labs in Toronto. 

In the margins of the visit, a new bilateral treaty for audiovisual co-production was signed. The agreement encourages the development of film, television and video co-productions between the two countries, which will support the costs of films with 15% of the total production budget.