China, Canada vow not to conduct cyberattacks on private sector

The wave of cyberattacks has caused havoc in 150 countries. - AFP/file

China and Canada have signed an agreement vowing not to conduct state-sponsored cyberattacks against each other aimed at stealing trade secrets or other confidential business information. 

The Canadian government, under pressure to show it is not being too soft on China, described the deal as a step toward dealing with Chinese espionage, the Globe and Mail reported on June 26.