Pan Gongsheng (right), governor of the People’s Bank of China, meets with Francois-Philippe Champagne, Canada’s minister of finance, on April 3, 2026. Photo: People’s Bank of China

The first meeting of the China-Canada Financial Working Group was held in Beijing on April 3, the People’s Bank of China (PBC) said in a statement on Saturday.

The meeting was co-chaired by Pan Gongsheng, governor of the People’s Bank of China, and Francois-Philippe Champagne, Canada’s minister of finance. Senior representatives from both sides, including central banks and top financial regulatory authorities, attended the meeting, the statement said. 

Established in January 2026, the China-Canada Financial Working Group provides an institutionalized and professional channel for exchanges between the two countries on issues including financial and monetary policy, financial markets, financial stability and regulation, anti-money laundering, cross-border capital flows and global financial governance, according to PBC. 

The first meeting marked an important outcome of recent high-level engagements between China and Canada.

At the meeting, financial authorities from both sides exchanged views on topics including the global macroeconomic outlook, monetary policy, financial regulation, financial market development, global financial governance and responses to rising uncertainty, the announcement said. 

Both sides agreed that stronger exchanges between regulators and financial institutions would help foster a stable and predictable business environment and promote economic and trade ties between the two countries, the statement said.

The meeting also confirmed that the second meeting of the China-Canada Financial Working Group would be held in the second half of the year.


Global Times