Trade between China and Canada hit record levels in 2022, with imports breaking $100 billion for first time, Statistics Canada data show.
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The Statistics Canada data show Canada imported a record $100,027,968,000 of goods from China last year, up 16 per cent from $86 billion in 2021.Article content But tensions between Ottawa and Beijing remain high amid allegations of Chinese interference in Canadian elections and government confirmation of Chinese surveillance operations.Article content
“Potentially in the future, we might observe the changes in trade, they might trickle down, but we still need to be cautious about all the factors that businesses take into account when they form the decision.”Ufimtseva said it isn’t easy for businesses to find alternatives to China, the second-largest economy in the world.
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Canadian imports from China hit $100B in 2022, setting new trade record: StatCan - National | Globalnews.caThe Statistics Canada data show Canada imported a record $100,027,968,000 of goods from China last year, up 16 per cent from $86 billion in 2021.
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