Champagne should take a look at China’s five-year plans, and its successive plans dating back to 1986

We need to move our economic ties to China beyond traditional exports to the knowledge-based industries of the future. Understanding the latest five-year plan is a good place to start.

Finance Minister François-Philippe Champagne, left, and Canada Revenue Agency assistant commissioner Melanie Serjak at the House Public Accounts Committee on Feb. 25, 2026. Champagne's recent high-level mission to China to improve access for Canada’s financial services industry is a positive move.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

April 13, 2026

TORONTO—Prime Minister Mark Carney’s reset of relations with China—the second-largest economy in the world, if measured in American dollars, and largest if measured in purchasing power parity dollars—opens the door to new economic opportunities in trade and investmen...

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