HK – Canada Relations

  • Around 390,000 Canada’s nationals visited/resided in Hong Kong in 2015.
  • In the same year, Canada’s direct investment in Hong Kong was C$7,302 million. Hong Kong’s direct investment in Canada reached C$16,355 million.
  • Hong Kong and Canada signed an Investment Promotion and Protection Agreement in 2016.
  • The Canada-Hong Kong Avoidance of Double Taxation Agreement entered into force in 2013. A Memorandum of Understanding on investment promotion co-operation was also renewed in the same year.
  • Hong Kong is Canada’s eighth largest merchandise export market in 2015.
  • Three Canada provinces have set up representative offices in Hong Kong: Alberta, British Columbia and Quebec. Five Canadian banks are operating as licensed banks in Hong Kong.
  • Seven Canadian or Canada-controlled insurance companies are authorised to operate in Hong Kong.
  • There are 18 registered headquarters, 31 regional offices and 61 local offices in Hong Kong representing their Canada’s parent companies.
  • There are around 18 Canadian authorized firms engaging in brokerage, investment advisory and asset management business in Hong Kong.
  • There are on average 12 (6 round trips) direct scheduled flights daily between Hong Kong and Canada.