The Monaco and Canada enjoy cordial bilateral relations. The high commission's diplomatic mission's mandate is to forge stronger and closer ties between the two countries. Pursuing bilateral and multilateral cooperation in diverse sectors, including culture, defense, tourism, trade and investments, science and technology, security, and other fields while safeguarding mutual benefits, is vital for their relations. The countries are cooperating to resolve global issues like climate change, piracy, terrorism, cybersecurity, etc. The Monaco is the most important source market for tourism in Canada.