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Canada-Greece Relations

Canada-Greece bilateral relations are friendly and active. In multilateral fora, this is expressed through dialogue at the United Nations, the Organisation for Security and Co-operation in Europe, la Francophonie and NATO. Greece and Canada also share many foreign policy objectives.

A number of useful bilateral treaties also provide an effective framework for productive economic relations and for cooperation on relevant international issues. The most recent bilateral agreements are the Convention Between Canada and the Hellenic Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion With Respect to Taxes on Income and on Capital which came into effect on January 1, 2011, and the Agreement Between Canada and the Hellenic Republic Concerning Youth Mobility, which entered into force on February 27, 2013.

Greek-Canadian Community

Roughly 243,000 Canadians claim Greek descent. It is estimated that 20-25,000 Greek Canadians live in Greece with 180,000 Canadians visiting Greece annually. These persons contribute to the positive perception of Canada in Greece.

In 1996, to foster closer commercial relations, the business community in Athens established the Canadian-Hellenic Chamber of Commerce (CHCC).

Education Cooperation

A Memorandum of Understanding in Education Cooperation, signed in July 1998, provided the initial foundations for cooperative arrangements between Canadian and Greek Universities. Chairs and Centres of Hellenic Studies have been established at Canadian universities notably McGill University, York University and Simon Fraser University. Plans are underway for the launch of Hellenic Studies at the Munk School of Global Affairs at the University of Toronto. The first Canadian Studies Centre in Greece was established in 2002 at the University of Athens.

In celebration of the 70th anniversary of Canada-Greece bilateral relations, The Stavros Niarchos Foundation established in 2013 scholarship programs for Greek students at the universities of Ottawa, McGill, York (PDF) and l’Université de Montréal (French only).

Partnerships also exist between Canadian and Greek universities for summer study abroad programs notably York with College Year in Athens, University of Calgary with the Technical University of Crete, McGill with International Hellenic University in Thessaloniki.

Trade

Canada and Greece have been enjoying good trade relations for many years. In 2014, bilateral trade in goods with Greece was CAD 303 million. Canadian exports increased by 31.6% to CAD 117 million, while imports increased by 21.1% to CAD 186.1 million. In 2013, services exports to Greece were CAD 270 million, while imports were CAD 965 million.

Investment

A number of Canadian companies have operations or partnerships in Greece. They include:

  • Eldorado Gold Corp
  • McCain Hellas S.A.
  • IBI
  • Bombardier
  • Coffee Time Hellas

There are several Greek companies with operations in Canada. They include:

  • Converge ICT Solutions & Services S.A. (digital media)
  • M.J. Maillis Group (containers & packaging)  
  • Neoset S.A. (furniture & fixtures)
  • Optimum S.A. (business and professional services)
  • Titan Cement Company SA (construction - raw materials)

 

March 2015


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Date Modified:
2015-03-13