Canada has taken significant steps to deepen its investment and economic partnership with Qatar following Prime Minister Mark Carney's official visit to Doha, the first by a sitting Canadian leader. Both countries agreed to elevate their relationship through new frameworks covering economic, security, and financial cooperation, including the launch of a strategic dialogue between foreign ministers and the signing of multiple memorandums of understanding. These accords span joint economic initiatives, information technology, and security collaboration for the upcoming FIFA World Cup, which Canada will co-host. Qatar pledged substantial investments in Canadian infrastructure projects, while Canada committed to sending a delegation of investors to explore opportunities in Qatar, reinforcing trade and investment as central pillars of the partnership.

The two governments also agreed to finalize a Foreign Investment Promotion and Protection Agreement by 2026 and to begin negotiations on a Double Taxation Agreement, alongside expanding air services and establishing a Joint Economic Commission. Financial cooperation was further strengthened through meetings between top financial officials from both countries. In addition, Canada's economic outreach in the region extended to Egypt, where discussions focused on boosting Canadian investments in sectors such as energy, agriculture, and water resources, supported by recent economic reforms in Egypt.