Hong Kong and Canada have long-standing and close trade, investment and people-to-people relations. In 2017, Hong Kong was Canada's 13th largest export market with merchandise imports from Canada amounting to C$2 billion. In late 2016, Hong Kong's outward direct investment in Canada was C$12.6 billion, whereas that of Hong Kong's inward direct investment from Canada was C$7.4 billion.
Hong Kong and Canada signed an Investment Promotion and Protection Agreement (IPPA) in February 2016 and the IPPA entered into force in September 2016. The Agreement gives additional assurance to Canadian investors that their investments in Hong Kong are adequately protected. There are currently about 400 000 Canadian passport holders and 200 Canadian companies in Hong Kong.