Canada Leading Delegation to China Country
November 5, 2014 – Canada starts a Trade mission to China. Minister of international trade talked about the network of both countries. The Prime Minister of Canada “Stephen Harper” went to the Alibaba headquarters for open questions and answers discussions.
The Prime Minister of Canada Attended the APEC 2014 Summit (Asia-Pacific Economic Cooperation).
There was a signing of more than 20 commercial agreements. The agreements are valued at over $2.5 billion dollars which will create more than 2000 new jobs in Canada. The Prime Minister of Canada Stephen Harper also visited the China business council luncheon where both business leaders from Canada in China connect. The Prime Minister of Canada also visited The Great Hall of the People in Beijing, China.
The two government officials participated on bilateral meetings (Source).
The commercial agreements include such sectors as; energy, mining, aerospace, transportation, construction, infrastructure, food, information, and communications technologies.
Some of the companies that are in the signing deals are: Airborne China Ltd., Heilongjiang InterChina Water Ltd., Plasco China, Shougang Group, and Krypton International Inc.
Facts about the China Canada inter-connections:
The trades between Canada and China are responsible for one in five jobs in Canada. There are approximately 470,000 jobs in Canada due to trade between China.
In 2013, the merchandise trade between Canada and China was $73.2 billion dollars. Also during the 2013 period; Canada’s merchandising exports were nearly $20.5 billion dollars. This number represents 7.7 percent of Canada’s merchandise exports.
A Quote from Prime Minister Stephen Harper:
“The numerous business agreements signed today illustrate that Canadian and Chinese companies and organizations are eager to do business together and take bilateral commercial ties to new heights. These newly signed agreements will generate jobs and economic growth in Canada”.
List of companies in the new Commercial Agreement deal:
- Air Canada
- Airborne China Limited
- Candu Energy Inc.
- DHX Media
- Consolv Technologies Inc.
- Eldorado Gold Corporation
- Green Power Labs
- FTG Aerospace
- Kryton International Inc.
- LeMine Investment Group
- MHKW Architects
- Pacific Potash Corporation
- Plasco China
- The Canadian Foundation for Chinese Heritage Preservation and the Chinese Culture Promotion Society of Canada
- Suncor Energy
- University of Alberta