Canada, Turkey Forge Strategic Partnership to Expand Trade, Defence and Energy Ties

Canada and Turkey have upgraded their bilateral relations to a strategic partnership, seeking to strengthen cooperation in trade, investment, defence, energy and diplomatic relations. The announcement followed a meeting between Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdoğan in Ankara on Thursday, October 22, 2026. The agreement is part of Canada's efforts to diversify its international trade partnerships and reduce its reliance on the United States amid ongoing trade tensions. Reuters

Trade and Investment in Focus

The two countries plan to expand commercial opportunities for businesses and workers, with bilateral trade currently valued at about $3 billion. Erdoğan said both countries aim to increase trade to $5 billion initially, with a longer-term target of $10 billion. Carney also announced that negotiations for a free trade agreement would begin in November. The countries are expected to explore ways to help their companies collaborate on projects in third countries.

Defence and Energy Cooperation

Defence and energy are central to the new partnership. Discussions are expected to cover drones, naval cooperation, nuclear power, liquefied natural gas and critical minerals. The countries have also signed agreements covering energy, defence and air transport, while further discussions could create opportunities for Canadian companies in Turkey's developing energy and defence sectors.

Canada Seeks Broader Global Partnerships

The partnership reflects Carney's wider strategy to strengthen Canada's economic relationships beyond the United States, which receives nearly 70 per cent of Canadian exports. However, closer cooperation with Turkey comes amid criticism of the Turkish government's treatment of political opponents and activists. The visit has renewed calls for Canada to address human rights concerns alongside its economic and security priorities.

Reuters