Canada and Iceland share strong diplomatic ties formalized in 1947, though contact dates back to Viking exploration. Both countries cooperate through memberships in key international organizations like the Arctic Council, NATO, OECD, and WTO, reflecting shared interests in Arctic affairs, security, and trade. Canada also holds observer status in the Barents Euro-Arctic Council, further demonstrating its commitment to regional cooperation in the Arctic and North Atlantic regions.
Between 1870 and 1914, thousands of Icelanders migrated to North America, with the majority settling in Canada, seeking new opportunities and a fresh start.
In June 1940, Canadian Prime Minister Mackenzie King announced that the first contingent of the Canadian Expeditionary Force had landed in Iceland during World War II. The troops joined forces with those from the United Kingdom and the United States to counter German advances in the North Atlantic.
In 1990, Janis Gudrun Johnson, a descendant of Canada's Icelandic community, was appointed to the Senate of Canada by then-Prime Minister Brian Mulroney.
In 2000, Neil Bardal was awarded the Knight's Cross of the Icelandic Order of the Falcon, the highest honour bestowed by the Icelandic government.
In May 2001, the Embassy of Iceland was established in Ottawa, Ontario, providing Icelandic diplomatic representation in Canada. The embassy is also responsible for Iceland's relations with Costa Rica.
In 2006, Neil Bardal, an active member of the Icelandic community in Manitoba, received the Order of Manitoba for his leadership work in the Icelandic community.
In May 2007, Icelandair commenced flights between Halifax and Iceland, establishing direct air links between the two countries.
Following the Icelandic banking collapse in 2008, in 2010, the opposition party in Iceland suggested scrapping the country's currency in favour of switching to a new one, with the Canadian dollar being the favored choice.
In May 2009, flights started between Reykjavík and both Toronto and Halifax, improving air travel between the two countries.
In 2010, following the banking collapse in 2008, the opposition party in Iceland suggested scrapping the country's currency in favour of switching to a new one, with the Canadian dollar being the favored choice.
The 2008-2012 Icelandic financial crisis deeply impacted Icelanders, leading to Manitoba proposing an initiative to bring unemployed workers to Manitoba in February 2009.
From November 28–29, 2014, Senator Janis Gudrun Johnson accompanied Canadian Minister of Foreign Affairs John Baird on a bilateral visit to Reykjavik to discuss a variety of bilateral issues including responsible resource development, expanding the European Free Trade Association free-trade relationship, international security issues and the objectives of the Arctic Economic Council.
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