Announcements highlight continued strength of Canada-Sweden trade relations

The recent announcements of a major plan for investment in Québec and a contract agreement in Stockholm highlight the continued strength of Canada-Sweden trade relations.

On 3rd June Ericsson announced its plans to build a global ICT (information and communications technology) Centre in Vaudreuil-Dorion, Quebec. The facility, due to begin operations in early 2015 and intended to serve as a location for the company’s research and development (R&D) wing to create the next generation of technology and cloud-based services, will be situated close to two of Ericsson’s main R&D hubs in Montreal and Ottawa. Ericsson has more than 3,100 employees in Canada and invested more than $325 million (approximately SEK 2 billion) in R&D in Canada during 2012. For further information, please visit Ericsson web site.

On 6th June Bombardier Transportation announced that it had won an order valued at approximately $798 million (approximately SEK 5.1 billion) from SL, the Stockholm Public Transport Authority, to supply 96 new generation MOVIA C30 vehicles to the Stockholm metro by early 2017, with an option for up to 80 further vehicles. The vehicles, which feature advanced passenger information systems, improved access for passengers with restricted mobility and advanced driverless functionality, should travel around 150,000 km per year and carry up to 60,000 passengers per hour. Bombardier Transportation, whose parent company is located in Montreal, has supplied vehicles to the Stockholm metro system for over 60 years. For further information, please visit Bombardier's web site.