Minister Peter Van Loan discusses Canada’s trade with China
(No. 284 - September 7, 2010 - 4:40 p.m. ET) The Honourable Peter Van Loan, Minister of International Trade, today spoke to members of the Mississauga Chinese business community and the Mississauga Board of Trade, bringing the message that Canada is working closely with China to create partnerships that will lead to jobs, prosperity and economic opportunities.
“China is a key trading partner for Canada,” said Minister Van Loan. “Our government is taking every opportunity to build on our existing commercial relationship and to highlight to our Chinese partners Canada’s advantages as a trade and investment destination—low taxes, fast economic growth and the world’s soundest banking system.”
The Canada-China relationship is growing stronger. In June, during the visit to Canada of China’s President Hu Jintao, Prime Minister Stephen Harper affirmed Canada’s commitment to strengthening economic, social and political ties between the two countries. Canada also recently welcomed its first official Chinese tour as a result of the Approved Destination Status received during Prime Minister Harper’s visit to China last year.
“As vice-chair of the Canada-China Legislative Association and a participant in Prime Minister Harper’s historic visit to China last December, I was pleased to hear Minister Van Loan’s detailed discussion of the many recent positive developments in Canada-China trade opportunities,” said Bob Dechart, member of Parliament for Mississauga-Erindale. “Our government continues to make great strides in expanding Canadian business opportunities in China.”
During the meeting, Minister Van Loan also discussed Canada’s leadership in free trade, highlighting the growing opportunities in trade and investment abroad for Canadian companies as a result of the government’s aggressive free trade agenda.
“Canadian businesses and workers can compete with the best in the world, and our government wants to help them do it through freer trade and open markets,” said Minister Van Loan. “China is one of Canada’s most significant trading partners, and our aggressive free trade agenda includes growing our trade relationship.”
In less than four years, the Government of Canada has concluded new free trade agreements with Colombia, Peru, Jordan, Panama and the European Free Trade Association states of Iceland, Liechtenstein, Norway and Switzerland. The government has also launched discussions on economic partnership with two of the world’s largest economies, the European Union and India.
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For further information, media representatives may contact:
Office of the Honourable Peter Van Loan
Minister of International Trade
Trade Media Relations Office
Foreign Affairs and International Trade Canada