Pakistan, July 21 -- Pakistan and Canada on Monday agreed to expand cooperation in trade, investment, security and development, with both countries reaffirming their commitment to institutionalize bilateral engagement while Canada announced assistance worth over $47 million for security and development initiatives in Pakistan.

Addressing a joint press stakeout along with Canadian Foreign Minister Anita Anand at the Ministry of Foreign Affairs, Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar said Pakistan and Canada shared longstanding and multifaceted ties anchored in historical linkages, strong people-to-people contacts and a vibrant Pakistani diaspora in Canada.

He invited Canadian companies to invest in Pakistan...