Nation inks 25 deals with Ontario

China and Canada's Ontario province have inked 25 deals worth almost C$600 million ($472 million), mainly in technology, e-commerce, finance and healthcare sectors, as the two countries continue to deepen economic and trade ties.

Highlights of the signed deals included technology giant Tencent's cooperation with Ontario's OTT Financial Group to build a business accelerator center in Toronto and to develop the tech company's cloud market, as well as China CITIC Bank's agreement to provide education services to Ontario's U Education Group.

"Partnerships with international leaders like China are critical to Ontario's economic success," said Kathleen Wynne, premier of Ontario, Canada's largest province by population and economy.