Canada & China Trade Deal: Reshaping Procurement Strategies
- Feb 25
- 1 min read
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The deal, struck during Canad Prime Minister Mark Carney’s visit to Beijing in February 2024, marks the first visit by a Canadian leader since June 2017.
For procurement and supply chain professionals, the agreement is indicative of an ongoing reconfiguration of North American logistics networks and sourcing strategies.
The agreement has emerged against a backdrop of increasing volatility in the traditional Canada-US trading corridor.
Following the re-election of US President Donald Trump, officials in Ottawa said they faced on-again-off-again tariffs and threats to the United States-Mexico-Canada Agreement (USMCA) free trade agreement.
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