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In 1497 when John Cabot was travelling to find a route to the Orient to get spices from other countries he landed in Newfoundland and found fish. Cabot brought all the fish he caught in Newfoundland back to England which led all the fishing boats in Europe to Newfoundland.

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In 1600 the French built a fur trade economy, they used beaver pelts to make hats. People could trade one beaver pelt for one and a half pounds of gunpowder or a pair of shoes and also two pounds of sugar and a gallon of brandy, etc.

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1700's to the end of the 19th century timber was Canada’s most popular necessity. This brought investment and immigration to Eastern Canada.

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In 1867 Canada became independent and turned into a nation. Therefore international trades became a great source of money.

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In 1885 the Canadian Pacific railway was extended all the way to British Columbia. This provided a way to ship all the goods Canada was in need of.

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In 1970 Canada recognized China and established an embassy in 1971. The relationship between the two countries continued to the 2000's and China became the third largest trading partner of Canada. Major imports of Canada from China are electronics, plastics and rubber, and the major export items to China are nickel, copper, wood and paper products.

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In 1976 Canada and the EU signed a framework agreement for commercial and economic cooperation. This allowed Canada to continue the economic relationship with the EU. The EU has been the second important trading partner for Canada after the US.

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In 1994 Canada signed the North American Free Trade Agreement also known as NAFTA. This agreement increased Canada's Economic growth, lowered the prices of consumer goods and it also created jobs.

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In 2012 Canada announced an economic partnership agreement between Canada and Japan. For example, Canada provides oil seeds, mineral fuels and oils to Japan and Japan provides vehicles, electronics and electrical equipment's  to Canada.

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In 2016 Canada and the EU signed the Comprehensive Economic and Trade Agreement. This is a free trade agreement between the two countries which gives more opportunities for Canadian exporters and manufacturers to export to the EU.