Deputy Minister of Economic Affairs Cynthia Kiang and Assistant Deputy Minister of Global Affairs Canada Weldon Epp co-chaired the 21st Canada-Taiwan Economic Consultations in Ottawa on Nov. 25, 2025.
Building on many years of stable cooperation, the dialogue continued bilateral exchanges on shared priorities - including economic security, energy, supply chain resilience, and Indigenous cooperation - demonstrating both sides' commitment to deepening their partnership.
Deputy Minister Kiang stated during the meeting that Taiwan places great importance on supply-chain security and resilience and is actively working with partner countries to build trusted partnerships. Through the CTEC, both sides have continued to pursue greater bilateral cooperation in multiple areas.
This year, the two sides also engaged in in-depth exchanges on digital transformation for small and medium-sized enterprises, underscoring their strong consensus on promoting industrial upgrading through emerging technologies such as artificial intelligence - injecting fresh momentum into the bilateral relationship.
During this visit, at the invitation of Member of Parliament Judy Sgro, who chairs both the Taiwan-Canada Parliamentary Friendship Group and the Standing Committee on International Trade, Deputy Minister Kiang, along with Deputy Minister of Foreign Affairs Ming-Chi Chen and a delegation of the Taiwanese Chambers of Commerce of North America, held a roundtable discussion with several Canadian lawmakers on issues related to Taiwan-Canada cooperation.
At the gathering, Deputy Minister Kiang highlighted the important role Taiwan can play in supporting Canada's trade diversification goals and welcomed the Canadian side to organize a trade mission to visit Taiwan.
While in Canada, Deputy Minister Kiang also met with key representatives of the Canadian business community to exchange views on how to respond to changes in the global economic and trade landscape. She also took the opportunity to meet with Taiwanese companies operating in Canada to better understand their local operations, challenges, and policy needs, providing important insight for the government in supporting Taiwanese businesses' overseas expansion.
Canada is Taiwan's 24th largest trading partner globally, while Taiwan is Canada's 6th largest trading partner in Asia, after China, Japan, South Korea, Vietnam, and India. Through the first ten months of 2025, bilateral trade amounted to US$4.035 billion, representing an increase of 6.5% compared with the same period last year.
Meanwhile, Taiwan's cumulative investment in Canada has reached nearly US$4.3 billion, while Canada's cumulative investment in Taiwan stands at about US$2.3 billion.