The discussion will explore innovation, strategic growth and how manufacturers can leverage funding to advance sustainability ...

The partnership is expected to bring $1 billion in foreign investment into Canada and strengthen U.K.-Canada business ties.

The estimated domestic need "vastly exceeds" current investment in the sector, which averaged about $2 billion per year from 2018 to 2023, the report said.

StatCan said manufacturing sales stood at $69.6 billion in April, their lowest level since January 2022 after a third straight monthly decrease.