This May marked the 95th anniversary of Canadian-Japanese diplomatic relations. Having a long history of relations, these two Pacific countries maintain quite close economic and political relations today. Now Japan is one of Canada's most important business partners. In recent decades, Ottawa and Tokyo have intensified the political dialogue that was severed during the Second World War, when Canada, along with its allies, fought against Japan. The context and events on the Canadian-Japanese vector indicate a growing trend towards rapprochement. The development of Canadian-Japanese trade and economic ties has the most favorable prospects.