I think the current wisdom is that Canada and Mexico have a huge problem between them.

A Canadian trade mission to Mexico this week could produce new deals by early spring, and marks the country’s “most significant” such mission ever to Mexico, according to Canada-U.S. Trade Minister Dominic LeBlanc.

LeBlanc is leading the mission, which will see over 370 Canadian delegates and more than 200 businesses in Mexico from Sunday to Monday - - visiting Mexico City, Monterrey and Guadalajara.

Canadian trade with Mexico totalled $56 billion in 2024, a 12-fold increase since the North American Free Trade Agreement (NAFTA) came into force in 1995. Mexico is Canada’s third-largest trading partner after the U.S. and China.
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