The Hong Kong government department InvestHK, the Hong Kong Economic and Trade Office in Toronto (Toronto ETO), and StartmeupHK (SMUHK) participated in a technology conference in Toronto, Canada, to promote their offshore ready-to-use technology hub for local cryptocurrency and Web3 startups, and to highlight Hong Kong's crypto-centric development landscape. It is reported that the Canadian and Hong Kong governments have signed a double taxation avoidance agreement for more than a decade, aiming to avoid double taxation and prevent personal and corporate income tax theft.