Despite the war, Canadian investors in Ukraine have been profitable.

As Canadian Ambassador to Ukraine Larisa Galadza noted, this is an important sign for investors in Canada: Ukraine is a country to invest in and achieve success. According to her, Canadian investors have long been interested in agriculture, finance, financial services and energy, including the renewable energy sector.

For example, the Canadian company Fairfax owns Astarta and Ovostar Union shares. Another significant Fairfax investment is in the financial industry – ARX, Colonnade Ukraine, and other insurance companies. In the field of renewable energy, the largest investments were made by TUI Canada.

“Interest in these sectors remains, and we see increased inquiries regarding defense, construction, and oil and gas opportunities. Now foreign investors are interested in reconstructing Ukraine because the country will become a large-scale construction site”.

Galadza added that Ukraine should be offered a favorable and attractive environment to overcome its challenges in attracting investors, as increasing safety and security involves reforming the judicial system.