China and Canada sign financial sector deal
The gist
Canada and China signed agreements on financial regulation and a joint working group at a Vancouver dialogue.
The deal also extends key market access and tariff arrangements through 2028.
How it unfolded
- Jan 26, 2026A Canada-China strategic partnership was established after Prime Minister Carney's visit, without a conclusive agreement on trade or bilateral investment.
- Apr 1, 2026Finance Minister François-Philippe Champagne went on a two-day trade mission to Beijing, meeting financial sector leaders and Chinese government counterparts.
- Nov 3, 2026Chinese Commerce Minister Wang Wentao and Canada's International Trade Minister Maninder Sidhu co-chaired the 29th meeting of the Joint Economic and Trade Commission in Beijing.
Key terms
- vice-premier
- A deputy leader of China's State Council who assists the premier in carrying out his duties.
- multilateralism
- An alliance of multiple countries pursuing a common goal, based on inclusivity, equality, and cooperation.
Source: Wikipedia