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Dear BCCTC Members and Friends,


We hope this message finds you well and enjoying a restful summer. We are pleased to share a series of updates and opportunities aimed at strengthening your British-Canadian business connections.


As highlighted in His Majesty King Charles III’s Speech from the Throne on May 27, a central priority for the Canadian government is driving economic growth. Alongside efforts to realign international partnerships, significant domestic reforms are underway—including the removal of interprovincial trade barriers. In support of this goal, BCCTC members Niagara Economic Development, Investissement Québec, and the Government of Québec recently convened for a collaborative conference focused on advancing interprovincial economic cooperation.


Meanwhile, the UK Government has released its latest Trade and Investment Factsheets, reporting that Canada ranked as the UK’s 16th-largest trading partner in the four quarters ending Q1 2025, accounting for 1.6% of total UK trade. Details are included below.


With Prime Ministers Mark Carney and Sir Keir Starmer reaffirming their commitment to bilateral collaboration through the Growth and Innovation Partnership, we are pleased to highlight the upcoming Canadian Chamber of Commerce Trade Mission to London this fall—a timely opportunity to expand your global reach.


We are delighted to see more Canadian companies successfully establishing a presence in the UK. Guided by its ambitious Modern Industrial Strategy—which prioritizes innovation, digital transformation, and cross-sector collaboration with industry and world-class British talent—the UK continues to position itself as a launchpad for some of Canada’s most dynamic tech firms.


This year has seen growing momentum around shared priorities in AI, cybersecurity, and data infrastructure. Combined with shared values and deep talent pools, these synergies are drawing Canadian innovators such as Cohere and OpenText to the UK. Read more in the featured BetaKit article here.


Looking ahead, from November 2–7 a UK Legal Services Delegation will attend Toronto’s International Bar Association (IBA) Annual Conference. The delegation will participate in a program of industry-leading roundtable discussions and exclusive networking events to promote UK legal services and foster global business growth. Similar initiatives at recent IBA conferences in Mexico City, Paris, and Miami have facilitated hundreds of business connections and numerous business wins. Stay tuned for details on Toronto events.


We also encourage you to explore the expertise and resources offered by BCCTC member ACCA, the world’s most forward-thinking professional accountancy body. From their Global Webinar Series for small and medium-sized practitioners (SMPs) to an upcoming AI Half-Day Conference, ACCA provides a robust portfolio of resources designed to support professional success in today’s dynamic financial landscape.


Finally, we leave you three thoughts from UK-based IT services provider and BCCTC Member Thinc on their first year in Canada.


Further information on all of the above can be found below, as well as info on our summer events!


Sincerely,

British Canadian Chamber of Trade and Commerce

UK Trade and Investment factsheets, August 2025


This factsheet provides the latest statistics on trade and investment between the UK and Canada.

Date of release: 1 August 2025; Date of next planned release: 19 September 2025


Total trade in goods and services (exports plus imports) between the UK and Canada1 was £29.0 billion in the four quarters to the end of Q1 2025, an increase of 16.2% or £4.1 billion in current prices from the four quarters to the end of Q1 2024. Of this £29.0 billion:

  • Total UK exports to Canada amounted to £17.6 billion in the four quarters to the end of Q1 2025 (an increase of 10.2% or £1.6 billion in current prices, compared to the four quarters to the end of Q1 2024);
  • Total UK imports from Canada amounted to £11.5 billion in the four quarters to the end of Q1 2025 (an increase of 26.8% or £2.4 billion in current prices, compared to the four quarters to the end of Q1 2024).

Canada was the UK’s 16th largest trading partner in the four quarters to the end of Q1 2025 accounting for 1.6% of total UK trade.


At the end of 2023, the stock of FDI from the UK in Canada was £38.3 billion, 10.5% or £4.5 billion lower than the end of 2022. At the end of 2023, Canada accounted for 2.0% of the total UK outward FDI stock. At the end of 2023, the stock of FDI from Canada in the UK was £29.5 billion, 23.8% or £9.2 billion lower than the end of 2022. At the end of 2023, Canada accounted for 1.4% of the total UK inward FDI stock. Read more here.

Canadian Chamber of Commerce Trade Mission to London, UK

October 14-16, 2025


Join the Canadian Chamber of Commerce in London, U.K., for a pivotal mission at the crossroads of innovation and international cooperation. 


Hosted by the Canadian Chamber of Commerce alongside its UK partners, this business-led mission to London comes at a transformative moment in the Canada–UK relationship. Following a renewed commitment by Prime Ministers Mark Carney and Sir Keir Starmer to deepen bilateral ties through the Growth and Innovation Partnership announced last June, this strategic gathering of Canadian and British business leaders and policy experts will explore how our two nations can champion innovation as a pathway to economic resilience and global competitiveness. 


This mission is also part of the Canadian Chamber’s broader strategy to support the diversification of Canada’s trading relationships, paving the way for greater business opportunities with trusted and reliable allies such as the U.K. and EU countries. 


Leveraging this new Canada-UK joint initiative, the mission’s program will include discussions on a variety of topics related to innovation and growth, such as trade, digital, AI, biomanufacturing, critical minerals, semiconductors and more. 


More detailed information will be shared as the program continues to be developed, but don’t wait to secure your spot in the meantime! More info here.

Interprovincial growth: Niagara Region unites with Québec companies to advance economic opportunity


Niagara Economic Development, Investissement Québec, and the Government of Québec recently came together for a local collaborative conference focused on strengthening interprovincial economic ties. Read more.

We invite you to take full advantage of the expertise and resources offered by BCCTC member ACCA, the world’s most forward-thinking professional accountancy body. From their Global Webinar Series for small and medium-sized practitioners (SMPs) to an upcoming AI Half-Day Conference, ACCA provides a robust portfolio of resources designed to support professional success in today’s dynamic financial landscape.


ACCA Webinar: AI Half-Day Conference 2025 (On Demand)

From economic opportunities, to risk and the need for ethical leadership, uncover how AI is transforming the profession, and what you need to stay at the forefront of the AI-driven future. Register here.

 

AB Magazine CPD Article: Mobilising Climate Finance

As trillions of dollars in sustainable capital seek investable projects, many emerging and developing economies still lack the capacity to mobilise and deploy sustainable finance effectively. Studying this article and answering the related questions can count towards your verifiable CPD. Read here.

 

ACCA Learning: ACCA Certificate in Business Analytics – Starts September 15

Delivered in Partnership with Columbia Business School, this 12-week course, build - or rebuild - your foundational insights in business analytics so you can identify, evaluate, and capture opportunities fast, make better predictions and estimates, and create value for your business. Learn more here.


Webinar Series: Entrepreneurship in Practice


The 'Entrepreneurship in Practice' program for 2025-2026 features five interactive sessions equipping SMPs with practical strategies for growth and sustainability. Industry experts share actionable insights and real-world experiences to help you navigate today's evolving accountancy landscape.


ACCA Learning - Digital Transformation for Accountants

Improve your ability to design and implement strategies for integrating digital tools into financial processes, enabling you to drive efficiency, enhance decision-making, and lead digital transformation initiatives within your organization. This course is designed to equip accountants and finance professionals with the necessary knowledge and skills to manage digital information systems, with a focus on cybersecurity, data protection, and cryptocurrency management.


AB Magazine: How to be an Influencer (CPD Article)

Understanding stakeholder needs is key to being a successful business partner. Studying this article and answering the related questions can count towards your verifiable CPD.


Three thoughts from Thinc on a year in Canada


Just over a year ago, UK-based IT services provider Thinc took its first steps overseas with the opening of its office in Toronto. As the company celebrates this milestone, we asked Gary McKnight, Head of Sage Practice at Thinc, to tell us what the team have learned. Click here.

Upcoming Events

International Networking Cocktail


Start the season in style with an exclusive international networking cocktail, bringing together over 10 business organizations and international associations for a unique evening of connections and collaboration.



An elegant, multicultural event in downtown Toronto, gathering business leaders, diplomats, and professionals to kick off the fall season.


Participating organizations:

  • Canada China Business Council
  • Toronto Hispanic Chamber of Commerce (THCC)
  • Ireland Canada Chamber of Commerce Toronto
  • Chambre de commerce de Belgique au Canada
  • Canadian-Qatari Business Forum (CQBF)
  • British Canadian Chamber of Trade and Commerce
  • Holland House Canada
  • Organization of Women in International Trade – Toronto Chapter
  • Club canadien de Toronto
  • Swiss Canadian Chamber of Commerce
  • The Canada-Africa Chamber of Business


What to expect:

  • 250+ guests from across sectors and continents
  • Food and drinks
  • Strategic networking with business and diplomatic leaders
  • Visibility for your organization in a high-profile bilingual setting


Thursday, August 28, 2025: 5:30 PM – 9:00 PM

Vantage Venues – 150 King Street West, 2nd floor, Toronto

BCCTC members: $27

Non-Members: $50

St Tropez - Soiree Blanche Club Med at Cabana Pool Bar


Step into summer elegance with ApéroChic x Club Med at the Soirée Blanche at the newly renovated Cabana Pool Bar. Welcome cocktail by Lilletand get the chance to win a premium stay at Club Med in one of their breathtaking destinations.*


This special edition of the Soirée Blanche also marks the official Toronto launch of Lillet Blanc’s new bottle design, in partnership with Corby Wine & Spirits. Enjoy a complimentary welcome glass of Lillet Blanc and discounted tickets for our cherished community.


This summer, ApéroChic guests have the chance to experience it firsthand: At Soirée Blanche, a dream getaway to a Club Med destination will be up for a win!

* Destination of your choice: Punta CanaCancun or Ixtapa - Airfare not included - Club Med getaway raffle will take place at 8:30 PM during the event - Winner must be present at the time of the draw.


Wednesday, August 20, 2025; 6:30 PM – 11:00 PM

Cabana Pool Bar, 11 Polson Street Toronto, ON M5A 1A4 Canada

Dress code: WHITE (Except for shoes. If you don't have white bottoms, we suggest choosing a light-colored alternative.)


Special for BCCTC Members!: 20 tickets (on a first come, first served basis) at a “buy one, get two free” price (i.e., $15 per ticket instead of $30, provided you buy two tickets) email us to get your code.

BCCTC + Upcoming Events


  • European Networking Event - Spain, Thu, Sep 24
  • Nordic Consular Cup Golf Tournament, Sept 9
  • Save the date! 43rd annual Oxford University vs Cambridge University Alumni Cricket Match, Sept 14