{"id":6482,"date":"2026-04-15T20:26:15","date_gmt":"2026-04-15T20:26:15","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/6482\/"},"modified":"2026-04-15T20:26:15","modified_gmt":"2026-04-15T20:26:15","slug":"industry-minister-melanie-joly-wants-to-see-nokia-invest-more-in-canada","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/6482\/","title":{"rendered":"Industry Minister M\u00e9lanie Joly wants to see Nokia invest more in Canada"},"content":{"rendered":"<p>Joly sees the path to a \u201cgolden age\u201d relationship Finland and Canada.<\/p>\n<p>&#13;<\/p>\n<p>Industry Minister M\u00e9lanie Joly wants to see Finnish multinational Nokia invest more in Canada.\u00a0<\/p>\n<p>Joly made the desire known in a fireside chat with Finland\u2019s president, Alexander Stubb, on Wednesday morning as part of a business forum at Nokia\u2019s Ottawa facility. <\/p>\n<p>\u201cWe\u2019re not yet at the golden age of the Canada-Finland relationship \u2026 but we can definitely get there.\u201d<\/p>\n<p>M\u00e9lanie Joly<\/p>\n<p>The forum, focused on discussing defence, security, and resilience in the Arctic, was also attended by Canadian defence minister David McGuinty and Finnish economic minister Sakari Puisto.\u00a0<\/p>\n<p>\u201cWe want more investment from Nokia in Canada,\u201d Joly said on stage, recounting what she previously told Nokia president and CEO Justin Hotard. \u201cWe\u2019re at the forefront of quantum; we could invest even more in having this very strong partnership.\u201d\u00a0<\/p>\n<p>The fireside chat followed the Finnish president\u2019s first official meetings with Prime Minister Mark Carney earlier this week. In addition to practicing <a href=\"https:\/\/www.cbc.ca\/player\/play\/video\/9.7163728\" rel=\"nofollow noopener\" target=\"_blank\">hockey together<\/a>, the duo issued a <a href=\"https:\/\/www.pm.gc.ca\/en\/news\/statements\/2026\/04\/14\/joint-statement-prime-minister-canada-mark-carney-and-president-republic\" rel=\"nofollow noopener\" target=\"_blank\">joint statement<\/a> on Tuesday outlining the countries\u2019 cooperation in the Arctic, the maritime economy, and defence, all of which Joly and Stubbs discussed.\u00a0<\/p>\n<p>\u201cWe\u2019re not yet at the golden age of the Canada-Finland relationship \u2026 but we can definitely get there,\u201d Joly said.<\/p>\n<p>Following the event, Nokia Canada president Jeffrey Maddox told reporters that he\u2019d also like to see his company increase its investments here.<\/p>\n<p>\u201cAs the local team, we spend time selling Nokia to Canada [and] we also spend time selling Canada to Nokia,\u201d Maddox said.\u00a0<\/p>\n<p>He pointed to the company\u2019s $340 million <a href=\"https:\/\/betakit.com\/nokias-ottawa-expansion-tests-canadas-definition-of-sovereign-ai\/\" rel=\"nofollow noopener\" target=\"_blank\">Ottawa facility<\/a> expansion and said that the \u201cstimulus to the quid pro quo\u201d in the relationship will be Nokia identifying how it can help Canada reach its goal of spending <a href=\"https:\/\/globalnews.ca\/news\/11260665\/nato-five-percent-target-canada-carney-explained\/\" rel=\"nofollow noopener\" target=\"_blank\">five percent of its GDP<\/a> on defence.\u00a0<\/p>\n<p>\u201cAs we identify those opportunities, the company is surely going to end up doing more here,\u201d Maddox said.\u00a0<\/p>\n<p><a href=\"https:\/\/cdn.betakit.com\/wp-content\/uploads\/2026\/04\/Nokia-defence-display.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" title=\"Nokia defence display | BetaKit\" decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/04\/Nokia-defence-display-1024x512.jpg\" alt=\"\" class=\"wp-image-403097\"  \/><\/a>A 3D printed model depicting Nokia\u2019s defence networking applications on display during Joly and Stubb\u2019s fireside chat.<\/p>\n<p>Nokia\u2019s investment in its Ottawa site expansion wasn\u2019t made in a vacuum, however. The company received $72 million in support from Canadian governments for the project. While Canada\u2019s AI minister Evan Solomon called it \u201cthe gold standard\u201d <a href=\"https:\/\/betakit.com\/nokias-ottawa-expansion-tests-canadas-definition-of-sovereign-ai\/\" rel=\"nofollow noopener\" target=\"_blank\">at the November groundbreaking<\/a>, Canadian tech leaders pushed back, like Shopify CEO Tobi L\u00fctke, who called the government\u2019s involvement \u201ctoxic,\u201d arguing that it made labour cheaper and accrued wealth for a foreign company instead of Canada.<\/p>\n<p>Still, Solomon and Puisto made <a href=\"https:\/\/www.canada.ca\/en\/innovation-science-economic-development\/news\/2026\/04\/canada-finland-joint-statement-on-sovereign-technology-and-ai-cooperation.html\" rel=\"nofollow noopener\" target=\"_blank\">their own joint statement<\/a> on Tuesday, announcing intended collaboration between Finland and Canada on sovereign AI development and adoption.\u00a0<\/p>\n<p>Canada\u2019s relationship building with Finland is the latest in a string of European partnerships Carney has pursued, including with the <a href=\"https:\/\/www.pm.gc.ca\/en\/news\/statements\/2025\/06\/15\/joint-statement-prime-minister-mark-carney-and-prime-minister-sir-keir-starmer\" rel=\"nofollow noopener\" target=\"_blank\">United Kingdom<\/a>, the <a href=\"https:\/\/www.pm.gc.ca\/en\/news\/news-releases\/2025\/12\/01\/prime-minister-carney-secures-canadas-participation-european-unions\" rel=\"nofollow noopener\" target=\"_blank\">European Union<\/a>, and <a href=\"https:\/\/www.pm.gc.ca\/en\/news\/news-releases\/2025\/08\/26\/canada-announces-new-partnership-germany-critical-minerals-and\" rel=\"nofollow noopener\" target=\"_blank\">Germany<\/a>. Stubb <a href=\"https:\/\/www.cbc.ca\/news\/politics\/alexander-stubb-finland-carney-meeting-9.7164014\" rel=\"nofollow noopener\" target=\"_blank\">even floated<\/a> that he could see Canada as a member of the European Union earlier this week.\u00a0<\/p>\n<p>On stage, Stubb likened Canada as the \u201cbig sister\u201d to Finland\u2019s \u201clittle sister.\u201d\u00a0\u00a0<\/p>\n<p>\u201cI think the revelation comes from how similar some of our industrial base is and how much knowledge, know-how, and expertise we all have,\u201d Stubb said, pointing to \u201csynergy\u201d between Canada and Finland in defence, satellites, and quantum computing. \u201cI\u2019m sure when we come out of here, there are going to be a lot of companies that have made deals.\u201d\u00a0<\/p>\n<p>All images courtesy Alex Riehl for BetaKit.<\/p>\n","protected":false},"excerpt":{"rendered":"Joly sees the path to a \u201cgolden age\u201d relationship Finland and Canada. &#13; Industry Minister M\u00e9lanie Joly wants&hellip;\n","protected":false},"author":2,"featured_media":6483,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[1660,1218,17,3840,1219,3841,111,3838,3839,94,61,3842],"class_list":{"0":"post-6482","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-ai","9":"tag-alexander-stubb","10":"tag-canada","11":"tag-defence-tech","12":"tag-finland","13":"tag-govt","14":"tag-mark-carney","15":"tag-melanie-joly","16":"tag-nokia","17":"tag-ontario","18":"tag-ottawa","19":"tag-quantum"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/6482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=6482"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/6482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/6483"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=6482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=6482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=6482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}