Vancouver, November 9, 2026
On November 8 to 9, 2026, Vice Premier He Lifeng of China and Canada’s Minister of Finance and National Revenue Fran?ois-Philippe Champagne and Minister of International Trade Maninder Sidhu co-chaired the Second China–Canada Economic and Financial Strategic Dialogue (EFSD) in Vancouver. The Dialogue builds on the commitments made by their Leaders in January 2026, and achieved a series of mutually beneficial outcomes, which will strengthen bilateral economic and financial cooperation, and advance the China–Canada new Strategic Partnership.
The two sides exchanged views on the global economic outlook as well as macroeconomic situations and policies in their respective countries. They agreed to deepening cooperation under multilateral mechanisms including the G20 and APEC, and within the frameworks of international financial institutions, including multilateral development banks, to improve global economic governance. They reaffirm their support for multilateralism and a transparent and predictable environment for trade and investment.
The two sides agreed to enhance financial sector cooperation, including on financial services market access, and to foster engagement between capital market and financial regulatory authorities. Finance Ministries, financial regulatory authorities and central banks for both countries signed the MOU on Cooperation between Finance Ministries, the Cooperation Agreement for the Financial Regulatory and Supervisory Dialogue, and the Terms of Reference for the Financial Working Group respectively. The two sides welcome the implementation of the bilateral currency swap arrangement. They welcome the positive progress made in the recent bilateral economic and trade consultations.
The two sides look forward to the next EFSD to be held in China.
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