Embassy of Greece in Ottawa
Office for Economic and Commercial Affairs
80 MacLaren Street, Ottawa, ON, K2P 0K6, Canada
Dimitrios Skoutas
Consulate General of Greece
Suite 500, 688 West Hastings Street
Vancouver, BC V6B 1P1
phone: 604 681-1381 | email: vancouver@mfa.gr
Over the last decade, Greece has undergone significant reforms that have reshaped its economy and investment landscape. Tax reductions, streamlined regulations, and stronger institutional frameworks have helped create a business-friendly environment that is now attracting investors from around the world, including Canada.
Greece’s economy is forecast to grow around 2% annually in 2025–2026, outpacing many EU partners. This growth is supported by EU Recovery and Resilience Funds, robust tourism revenues, and increased foreign direct investment. The country’s return to investment grade status by major credit rating agencies underscores improved confidence in its fiscal management and economic stability.
For Canadian companies, Greece offers both a strategic gateway into the European Union and access to markets in the Balkans, Eastern Mediterranean, and North Africa. Its geographic position, combined with major infrastructure projects and ongoing privatizations, provides Canadian businesses with opportunities in logistics, shipping, renewable energy, and high-growth technology sectors.
Greece provides Canadian companies with a competitive entry point to the European Union’s 450+ million consumers and to regional markets across Southeastern Europe and the Middle East.
Growth in Key Sectors
- Green energy and renewables (solar, wind, interconnections, and green hydrogen)
- Technology and digital transformation (cloud, AI, data centres, fintech)
- Tourism and hospitality (luxury resorts, medical tourism, eco-tourism)
- Agri-food and food processing (Mediterranean exports, sustainable farming)
- Logistics and shipping (ports privatization, supply chain hubs)
Privatization & Strategic Investments
Greece is opening its ports, infrastructure, and energy projects to foreign investors. Canadian firms with expertise in infrastructure, construction, energy, and financial services are well-positioned to participate.
Government Incentives & EU Funds
Investment incentives, tax breaks, and co-financing from European institutions (EIB, EBRD) help lower project risks and boost returns for Canadian companies.
Strong Bilateral Ties
Canada is already one of the most important foreign investors in Greece. There is active collaboration in tourism, energy, ICT, food, environmental management, and real estate. With the Canada-EU Comprehensive Economic and Trade Agreement (CETA), Canadian businesses enjoy preferential access, reduced tariffs, and greater investment protections in Greece.
Lifestyle & Talent Attraction
Greece’s quality of life, lower operating costs compared to many Western European countries, and ability to attract skilled talent, including returning diaspora and international digital nomads—make it an appealing base for Canadian firms expanding in Europe.
