Two giant pandas will be coming back to visit Canadian zoos after an agreement was reached between the Canadian and Chinese governments.

The pandas will be in Canada for up to 10 years with zoos in Calgary, Toronto and Granby set to host the bears.

The Toronto Zoo will have the pair for at least two years sometime in 2012, reports say.

Zoos in China charged up to $1 million for a short-term loan of a panda.

The animals were last at the Toronto Zoo in 1985.