Canada, Mexico move to align energy development as U.S. gets tough on fossil fuels

June 3, 2014

Financial Post, 06/03/14

Oil barrelsWhile the United States takes an aggressive stand against fossil fuels, its neighbours to the south and north are working together to boost oil and gas production.

A high-level delegation from Mexico was in Calgary Monday to invite Canadian companies to take advantage of its sweeping energy reforms.

Endowed with massive oil and gas resources, the two countries have made their development central to their economies, while taking the view that growth and environmental protection can move hand-in-hand, not at each other’s expense.

Read more…


NAFTA at 20: Success, Failure, or Something In Between?

January 9, 2014

NAFTAIt was going to change the world. Some said for the better and others for the worse. As we observe the 20th Anniversary of the North American Free Trade Agreement (NAFTA), listen to  three perspectives (Canada, Mexico, US) on the successes, failures, and implications of NAFTA for future trade agreements.

Link can be found here.


North America to Drown in Oil as Mexico Ends Monopoly

December 16, 2013

Bloomberg, 12/16/2013

factoryThe flood of North American crude oil is set to become a deluge as Mexico dismantles a 75-year-old barrier to foreign investment in its oilfields. Plagued by almost a decade of slumping output that has degraded Mexico’s take from a $100-a-barrel oil market, President Enrique Pena Nieto is seeking an end to the state monopoly over one of the biggest crude resources in the Western Hemisphere. The doubling in Mexican oil output that Citigroup Inc. said may result from inviting international explorers to drill would be equivalent to adding another Nigeria to world supply, or about 2.5 million barrels a day.

That boom would augment a supply surge from U.S. and Canadian wells that Exxon Mobil Corp. predicts will vault North American production ahead of every OPEC member except Saudi Arabia within two years. With U.S. refineries already choking on more oil than they can process, producers from Exxon to ConocoPhillips are clamoring for repeal of the export restrictions that have outlawed most overseas sales of American crude for four decades.

Read more…


Mexico, U.S. and Canada Issue a Joint Statement on North American Competitiveness, Innovation

October 29, 2013

NAFTA_logoThe Latin American Herald Tribune, 10/29/2013

U.S. Secretary of Commerce Penny Pritzker, Canadian Minister of International Trade Ed Fast and Mexican Secretary of Economy Ildefonso Guajardo issue a joint statement at the North American Competitiveness and Innovation Conference in San Diego on strengthening the three countries’ trade and economic relationship.

Read the statement here.

 


Educating the Continent

October 1, 2013

NAFTA_logoFrom our colleagues at the Canadian International Council, Jennifer Jeffs explains the importance of the developing education agenda between the US and Mexico and the potential for including Canada.

Canadian International Council, 9/30/2013

In recent weeks, Mexico City has been repeatedly under siege by teachers protesting against the government’s education reform program, part of a package of reforms that the Pena Nieto administration is determined will help fulfill the potential of Mexico, a country whose emerging middle-class now exceeds 40 million people. The current protests are against reforms that would professionalize the Mexican teaching profession, instituting teacher evaluations and ending the inheritance and sale of teaching positions.

Reform is essential. Mexico’s public education system comes last in OECD rankings in terms of results relative to cost. For a comparatively recent newcomer to the OECD club, this is not a surprising ranking, and a benefit of OECD membership is attention to members’ economic performance factors. Mexico’s poor score here has prompted the Pena Nieto government to act on education reform, a tough political battle, but an important one for Mexico, and for Canada.

Read more…


Working Paper: Mexico and the Energy Revolution

August 8, 2013

Energy -electricity_transmission_linesMexican Council on Foreign Relations – COMEXI

The global energy situation changed in that short period and with it the world map. North America,  particularly the United States and Canada, are leading a deep energy revolution that is providing   access to the world of hydrocarbons that were not considered economically or technically recoverable  in the past. Many of these resources are proposing an accelerated trans formation of industrial  processes based on natural gas, which leads to a significant reduction in greenhouse gas emissions and provides a few years to continue to develop renewable sources to replace hydrocarbons in due time. The old American dream of energy self- sufficiency may be possible, as well as a revival of its manufacturing capacity, and a profound transformation of the power and influence of all countries on the global energy diagram. That, which used to be a fact, is no longer true for anyone.
To view the rest of the article read the PDF.
The Energy Working Group’s material can be found here.

Op-ed by Mexico’s Foreign Minister: Let’s anchor an integrated North America

July 26, 2013

canada mexicoJose Antonio Meade, The Globe and Mail, 7/25/2013

In 1993, Canada and Mexico’s annual bilateral trade stood at $4.1-billion. Few could imagine back then that these two countries would trade more than eight times that amount today. If we add the value of imports measured by each country, and thus account for their trade through the United States, total bilateral trade adds up to $35-billion a year. Thousands of jobs, both in Canada and Mexico, stem from this exchange.

Canada and Mexico have more in common than being neighbors of the United States. They are friends and partners that share the vision of making North America the most competitive region in the world. Just last year, Mexico traded more goods with Canada than it did with Great Britain or Japan, and four and a half times what Brazil did.

Read more…


Mexico pushes for direct ties with Canada, apart from U.S. influence

June 17, 2013
Photo by Flickr user I.A.M.

Photo by Flickr user I.A.M.

The Globe and Mail, 6/17/2013

New Mexican President Enrique Pena Nieto wants ties with Canada to be a priority in the country’s foreign policy, rather than the on-again, off-again interest of two countries distracted by relations with the United States, Mexico’s ambassador says. Ambassador Francisco Suarez Davila arrived in Ottawa a week ago with a mandate to pursue a new deepening of relations between the two countries – not just for dealing with the U.S., but also as direct trading partners, and potential diplomatic allies on the world stage.

“I think I have arrived at a very opportune time. The political stars are aligned,” Mr. Suarez said in an interview with The Globe and Mail. “That’s the indication I have received from President Pena, to go beyond the rhetoric to really establish that Canada is a priority for Mexico’s foreign policy. It’s a real priority: Canada, itself, apart from the North American [regional dynamic].”

Read more…


Mexico says it may suspend U.S. trade preferences over meat labels

June 10, 2013

meat-packaging1Reuters, 6/7/2013

Mexico’s Economy Ministry said on Friday it was considering suspending preferential trade tariffs with the United States for a variety of products in a simmering dispute over meat labeling. The disagreement stems from a 2009 U.S. requirement that retail outlets specify the country of origin on labels on meat and other products in an effort to give consumers more information about the safety and origin of their food.

Canada and Mexico have complained to the World Trade Organization that the COOL (country-of-origin labeling) rules discriminated against imported livestock. The trade body ordered the United States to comply with WTO rules by May 23, but the U.S. government made revisions that Canada and Mexico say would only make the situation worse.

Read more…


U.S. meat labels to detail animal’s origin; Canada, Mexico raise concern

May 28, 2013

meat-packaging1The Washington Post, 5/24/2013

New rules for U.S. meatpackers will require labeling that tells consumers where the animal was born, raised and slaughtered. Sounds simple. But the regulations, posted Friday by the Department of Agriculture, are the latest move in a trade dispute that has pitted U.S. consumer groups, which favor the labels, against free-trade advocates, who say the regulations are biased against cattle and pork from Canada and Mexico.

Nor are the regulations likely to be the last word in the international controversy, which seems destined to wind up — again — before the World Trade Organization, which has previously ruled that U.S. labeling regulations discriminated against Canadian and Mexican livestock. The dispute over meat labeling is one of a handful in recent years in which U.S. efforts to regulate food and other products have been rejected by the WTO. The WTO has ruled against U.S. “dolphin-safe” tuna labels and weighed in as well against a ban on clove-flavored cigarettes.

Read more…

 


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