Canada and China sign deal to deepen financial sector ties

Canada and China have signed an agreement to strengthen their financial sector ties as they aim to boost economic cooperation. The deal was brokered during meetings between Finance Minister François-Philippe Champagne, International Trade Minister Maninder Sidhu, and China's vice-premier He Lifeng in Vancouver. The countries plan to improve market access for financial services and foster better communication between their respective regulatory bodies.

Both sides also reaffirmed their commitment to multilateralism and a transparent trading environment. This agreement comes ahead of Prime Minister Mark Carney's upcoming trip to China for the Asia-Pacific Economic Cooperation forum.