Hong Kong and Canada signed an Investment Promotion and Protection Agreement in 2016.
The Canada-Hong Kong Avoidance of Double Taxation Agreement entered into force in 2013. A Memorandum of Understanding on investment promotion co-operation was also renewed in the same year.
Hong Kong is Canada’s eighth largest merchandise export market in 2015
Three Canadian provinces have set up representative offices in Hong Kong: Alberta, British Columbia and Quebec. Five Canadian banks are operating as licensed banks in Hong Kong.
Seven Canadian or Canadian-controlled insurance companies are authorised to operate in Hong Kong.
There are on average 12 (6 round trips) direct scheduled flights daily between Hong Kong and Canada.
