Oct the 11th in Markham, the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development participated in the 2023 Fall Economic and Trade Summit, co-hosted by Xinflix Entrepreneur Club, Xinflix Media Group, Canadian Chinese Finance Association and Justin Poy Agency, title sponsored by Equiton Inc.
Minister Ng stated that the Canadian government is continuing to negotiate and expand trade agreements worldwide. She emphasized that export growth would lead to business success, which, in turn, increase employment opportunities and community prosperity. Canada is largely a trading nation, with one in every six jobs related to trade and two-thirds of its economy connected to trade. Canada’s annual exports to the world exceed over a trillion Canadian dollars.
She mentioned that in addition to existing agreements such as the United States-Mexico-Canada Agreement and the Canada-European Union Comprehensive Economic and Trade Agreement, Canada is continuing negotiations and trade advancements worldwide, including in the Asia-Pacific and Caribbean regions. For example, Canada is currently in negotiations with ASEAN and Indonesia. She revealed her travel plans to Japan at the end of this month and to South Korea, Vietnam, Malaysia, the Philippines, and other countries next year.
Minister Ng expressed her mission to assist businesses in Canada that are underrepresented in the economy to enter the market and create more job opportunities.
The three-day 2023 Autumn Economic and Trade Forum attracted many local political and business leaders as well as representatives from multiple ethnic communities in Canada. Participants engaged in fruitful discussions and exchanged their insights on topics related to new-era cross-border trade, education, consumption, and investment trends.