Canada and Burkina Faso established diplomatic relations in 1962. In addition to bilateral cooperation, the two countries collaborate on a range of regional and multilateral issues. Their shared membership in La Francophonie gives further impetus to this relationship.
In the wake of the recent mining boom, which resulted in gold becoming Burkina Faso’s main export, Canada has been one of the most significant foreign private investors since 2008. This has been an opportunity for the Canadian government to act with Canadian companies in promoting corporate social responsibility. Bilateral trade in goods has increased substantially since 2006 to $74.4 million in 2012. Canada’s main exports to Burkina Faso for 2012 were machines, electrical equipment, rubber, vehicles, tools, medical equipment and iron and steel articles. Main imports to Canada from Burkina Faso are precious stones and oilseeds.
Foreign Affairs, Trade and Development Canada (DFATD) contributed $37.07 million in Burkina Faso in 2011-2012. DFATD's programs in Burkina Faso support the government's Accelerated Growth and Sustainable Development Strategy that concentrates on four main areas: developing priorities for accelerated growth, consolidating human capital and promoting social protection, strengthening good governance and taking into account the priorities that are integrated into all the development policies and programs.
Canada has been represented by an Ambassador in Ouagadougou since 1995 (previously, the Ambassador resided in Abidjan, Côte d’Ivoire). Burkina Faso has an Ambassador in Ottawa and honorary consuls in Montreal, Toronto, Caraquet and Vancouver.