China-Canada trade agreement extended to late 2028

BNN Bloomberg · The Canadian Press · 2026-11-04 22:32 UTC

Beijing and Ottawa are extending an agreement to provide Chinese market access to Canadian imports and Canadian market access for Chinese steel and aluminum.

OTTAWA — Beijing and Ottawa are extending a January agreement to provide Chinese market access to Canadian imports in exchange for Canadian market access for Chinese steel and aluminum.

The news comes as one of China’s most important officials prepares to visit Vancouver and Prime Minister Mark Carney plans to return to China later this month.

In March, China dropped tariffs on Canadian canola meal, peas, lobster and crab. Canada agreed in return to allow in certain Chinese steel and aluminum products.

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