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Canada-China Commercial Relations at a Turning Point

Canada-China Commercial Relations at a Turning Point

This briefing document synthesizes key themes from the 47th Annual General Meeting and Business Forum of the Canada China Business Council (CCBC). The central theme is a significant “turning point” in Canada-China relations, marked by renewed high-level government engagement and a mutual commitment to a “pragmatic and constructive” approach.

The State of Canada-China Trade: H1 2025

The State of Canada-China Trade: H1 2025

In the first half of 2025, China sustained its position as one of Canada’s top trading partners. Bilateral trade reached CAD 64.2 billion, reflecting a robust 9% year-over-year increase. However, quarterly trends signaled a loss of momentum, with growth decelerating from 7% in the first quarter to 2% in the second. The slowdown was largely driven by weaker Canadian exports to China, reflecting the impact of Chinese counter tariffs on Canadian agricultural goods.

Canada-China Bilateral Foreign Direct Investment Report (2014-2024)

Canada-China Bilateral Foreign Direct Investment Report (2014-2024)

China remains an important investment partner for Canada, ranking as Canada’s third-largest source of foreign direct investment (FDI) and the fourth-largest destination for Canadian outbound FDI within Asia. In 2024, bilateral FDI stock reached CAD 47.4 billion—the highest level in more than a decade and over double the CAD 23.6 billion recorded in 2014.

Canada China Business Council (CCBC)