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Israeli tech companies have no more excuses to overlook Canada


Having the U.S. as your neighbor to the south comes with many positives, but some negatives as well. According to Anat Katz, the Minister for Trade Affairs at the Consulate General of Israel in New York, who also oversees Israel s economic mission in Canada based out of Toronto, the fact Canada has the world s biggest economy on its doorstep has resulted in trade with Israel being relatively dormant for many years. Despite its vast potential, with Canada having the world s 10th biggest economy by GDP, trade between Israel and Canada didn t even reach $1 billion in 2019. But Katz believes that could soon be on the rise, with the changes Covid-19 brought to the way in which companies are conducting business potentially resulting in a significant increase in commercial activity between the countries. ....

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