The People's Bank of China (PBOC) reported that the first meeting of the China–Canada Financial Working Group was held in Beijing, co-chaired by PBOC Governor Pan Gongsheng and Canadian Finance Minister François‑Philippe Champagne. Established in January 2026, the working group provides an institutional channel for dialogue on monetary and financial policy, markets, stability and supervision, anti-money laundering, cross-border capital flows and global financial governance. Senior representatives from the PBOC, the National Financial Regulatory Administration, the China Securities Regulatory Commission and the State Administration of Foreign Exchange met with counterparts from Canada’s Department of Finance, the Bank of Canada and the Office of the Superintendent of Financial Institutions. Discussions covered the global macroeconomic outlook, monetary policy, financial regulation, financial market development, global financial governance and managing rising uncertainty, with both sides emphasising that stronger engagement between regulators and financial institutions can support a stable and predictable business environment and facilitate bilateral trade and investment. A related roundtable with financial institutions gathered views on market development, cooperation opportunities and financial innovation, including participation from major Chinese and Canadian financial groups.
Central Bank of the Republic of China 2026-04-04
People's Bank of China and Canada's Department of Finance convene first China–Canada Financial Working Group meeting
The People’s Bank of China reported that the inaugural meeting of the China–Canada Financial Working Group was held in Beijing, creating a new channel for dialogue on monetary and financial policy, markets, stability and supervision, anti-money laundering, cross-border capital flows and global financial governance. Senior representatives from key Chinese and Canadian financial authorities discussed the global macroeconomic outlook, monetary policy, financial regulation and market development, stressing that closer regulatory engagement can support a stable business environment and facilitate bilateral trade and investment.