Canada and China Sign Financial Cooperation Agreement in Vancouver

Canada and China concluded the second China-Canada Strategic Economic and Financial Dialogue on November 9, 2026, in Vancouver. The meetings resulted in a formal agreement to deepen collaboration between the two nations' financial systems by increasing engagement between regulatory authorities and granting greater market access for financial services.

He Lifeng, Vice Premier of China, co-chaired the dialogue alongside Canadian Finance Minister Francois-Philippe Champagne and International Trade Minister Maninder Sidhu. The officials held a business roundtable with industry leaders to explore expanded investment opportunities and discussed building a new type of strategic partnership. In a joint statement, Finance Canada noted that both nations reaffirmed their support for multilateralism and the maintenance of a transparent and predictable environment for trade and investment.

He Lifeng stated that bilateral relations have "turned for the better" and returned to a "sound track" under the guidance of their respective national leaders. The agreement serves as a precursor to a scheduled visit to China by Prime Minister Mark Carney next week for the Asia-Pacific Economic Cooperation forum.