Monday, May 23, 2011

Canada Should Invest More in Mexico

Originally published in the Globe and Mail, a recent article by Colin Robertson from "The Mark" details why Canada should invest more in Mexico. As it stands, Canada is Mexico's third largest trading partner, with more than 25,000 Canadian firms active in Mexico.

The article references Robert Pastor's new book, "The North American Idea: A Vision of a Continental Future." In it, Pastor commends Canada's efforts to cultivate a relationship with Mexico, but encourages the country to do more. He says, "We need [...] to start over with a big North American idea, one based on the simple premise that all three countries benefit when one succeeds, and we are all hurt when one fails.”

Additionally, Robertson goes on to say:
"Parallel with the new Canada-U.S. border and regulatory initiative, we need to develop a coherent strategy toward Mexico that looks at our integrated trade and investment. Identify opportunities for common cause, as we demonstrated in pandemic planning over H1N1. We both have shared interests in curtailing U.S. gun imports, in securing better access for our trucking, in joint action against U.S. agricultural subsidies."

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