July Edition 2024

13 and telemedicine. Canadian investors interested in healthcare innovation can find opportunities in partnerships or investments in Israeli MedTech startups.” DLA’s Noam adds: “The non-regulated private sector is a faster market in which to expand. HR management software, cybersecurity and fintech companies have been successful in Canada. Other sectors which such as medical devices or medical software also represent a good opportunity in Canada but require a more long-term view as the sale cycle is longer.” Finance and insurance are attractive areas Nili at Aird & Berlis adds: “While there are countless investment opportunities in various sectors, the management of companies and enterprises sector remains the largest recipient of foreign investment, with the finance and insurance sectors also continuing to be attractive areas. The area that saw the largest increase in foreign investment in the past year was the manufacturing sector. The professional, scientific and technical services sector also saw a jump in foreign investment.” Toronto Stock Exchange offers simplified process; RTOs an attractive alternative With regards to investment into Canada, DLA’s Noam adds: “We continue to see Israeli companies expand into Canada in a number of areas. There are small to mid-sized Israeli technology companies who have chosen to go public on the Toronto Stock Exchange rather than NASDAQ due to the more simplified process and timing. In terms of Israeli companies who intend to be global, Canada represents a stable market in which to expand.” Elad at Bennett Jones adds: “Investment and trade are essential to both countries. Innovation is the now and the future of our economies. We are seeing activity, but there are opportunities for much more. The Maple & Honey Forum, which serves as a platform for investing and growing businesses interested in leveraging the Canada-Israel relationship, supports partnerships across industries, including technology, healthcare, cannabis, agri-tech, alternative energy and natural resources. Bennett Jones is one of the founders of the Forum.”

RkJQdWJsaXNoZXIy MjgzNzA=