The Canadian economy’s growth rate declined over the previous year. The reasons include less investment in fixed capital，and a decline in exports of goods and services. The Canadian economy mainly presents the following characteristics：lower energy prices pull low consumer price index rose；the unemployment rate rises with the decline of oil and gas price in producing provinces；manufacturing sales is not stable；both the amount of exports and imports declined，and the deficit expanded；population growth rate slowed，but the phenomenon of an aging population continues. However，the total amount of Canadian government official reserves increases for appreciation of the dollar. From the new trend of economic development，the first is Canada’s foreign trade area structure diversification trend，the performance of the United States in Canada’s foreign trade in the proportion of further decline，while the proportion of trade in China and Mexico is rising. Second，the U.S. energy self-sufficiency rate and the decline in international energy prices will give an opportunity for increase cooperation of economic and trade between Canada and China. To this end，it is possible to predict the economic and trade relations between the two countries will have a larger development. Energy cooperation may become an important part of bilateral trade and investment.