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Chinese Vice Premier He Lifeng, left, and Minister of Finance and National Revenue Francois-Philippe Champagne shake hands after meetings in Vancouver on Monday, Nov. 9, 2026. THE CANADIAN PRESS/Ethan Cairns

Canada and China sign deal to deepen financial sector ties

Nov 9, 2026 | 2:17 PM

VANCOUVER — Canada and China have struck an agreement to deepen collaboration across their financial systems as the two countries seek closer economic ties.

Finance Minister François-Philippe Champagne and International Trade Minister Maninder Sidhu hosted He Lifeng, vice-premier of China, in Vancouver over the past two days.

After the meetings, Finance Canada released a joint statement saying the two sides agreed to “enhance financial sector co-operation.”

That includes granting greater market access for financial services and fostering engagement between Canadian and Chinese regulatory authorities.