Canadian Finance Minister Pengfei Shang visited mainland China from March 31 to April 4. Prime Minister Trudeau stated that this visit will promote the establishment of regular economic and financial dialogue between China and Canada. Against the backdrop of trade uncertainty and increasing tariff pressures between Canada and the U.S., Canada is accelerating its trade diversification strategy. The Canadian business community generally believes this is an important opportunity to restart cooperation, but some scholars also remind that economic and trade exchanges require long-term stable mechanisms rather than short-term windows. Analysts point out that China and Canada have clear complementarities in areas such as energy transition and electric vehicles, and there is still potential for cooperation, but at the same time, they will also face pressure and competition from the United States.