Canada and China have agreed to extend a trade agreement that reduces tariffs and trade barriers on various products.
What happened
International Trade Minister Maninder Sidhu announced the extension, which will last until the end of 2028. The agreement reduces tariffs on Canadian agricultural and seafood products, such as canola seed, canola meal, peas, lobster, and crab. It also maintains tariff exemptions for certain Chinese steel and aluminum products that are unavailable or in short supply in Canada.
The extension follows talks between Sidhu and Chinese Minister of Commerce Wang Wentao in Beijing. The agreement is expected to support over 600,000 jobs in Canada and unlock billions in exports. The measures were originally agreed upon during Prime Minister Mark Carney's visit to China in January 2026 and were set to expire at the end of 2026.
