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Canada is making a bet on Saudi Arabia despite war and political risk

By CBC | Top Stories News Jul 14, 2026 | 4:00 AM

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Just three days after Prime Minister Mark Carney left Saudi Arabia, the Houthis of Yemen announced that their four-year-old ceasefire with the kingdom had ended. But even with Saudi Arabia potentially embroiled in two regional wars, it offers real opportunities for business and investment that the Carney government is determined to exploit.

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