Canadian firms' Irish expansion 'hampered' by high costs

Ireland-Canada Business Association says the housing crisis is 'a key area of concern'

Canadian companies in Ireland have urged the Government to better accommodate their growth plans and have reiterated the call for Ireland to ratify the Ceta trade deal between Canada and the EU.

Canadian companies in Ireland have urged the Government to better accommodate their growth plans and have reiterated the call for Ireland to ratify the Ceta trade deal between Canada and the EU.

On the back of a survey of its members, the Ireland-Canada Business Association (ICBA) said Canadian multinationals in Ireland plan to expand their workforce here and raise wages. However, it said further expansion is being “hampered” by the high cost of living, salary costs and the “intense competition for talent”.