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
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)
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.
Statement from the Canada China Business Council (CCBC) on China’s Preliminary Duty on Canadian Canola Imports
Statement from the Canada China Business Council (CCBC) on China’s Preliminary Duty on Canadian Canola Imports On August 12, 2025, China announced a preliminary duty of 75.8% on Canadian canola imports, effective August 14, 2025. CCBC has consistently maintained...