09:12:29 EDT Fri 08 May 2026
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Ford CDR (CAD Hedged)
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Globe says Honda, others see talks with Mexico begin

2026-05-08 07:23 ET - In the News

See In the News (C-HNDA) Honda CDR (CAD Hedged)

The Globe and Mail reports in its Friday, May 8, edition that a major Mexican trade mission began Thursday in Canada as both countries aim to strengthen business ties ahead of reviewing the North American free-trade pact, with differing approaches in talks with the United States. The Globe's Meera Raman writes that Mexico brings over 240 companies to Toronto and Montreal for 1,800 B2B meetings over two days. Mexico's Secretary of Economy, Marcelo Ebrard, plans to meet with executives from major companies including Air Canada, Bombardier, Brookfield and Canadian National Railway, among others. He is also slated to lead meetings between Mexican companies and Canadian investment funds, including the Ontario Teachers' Pension Plan. The visit comes at a delicate moment for North American trade relations. The Canada-United States-Mexico Agreement is up for review this year, and there are concerns that President Donald Trump could walk away from the trilateral deal. Canada's Minister responsible for Canada-U.S. trade Dominic LeBlanc said Ottawa is preparing for a "robust and joint review" of CUSMA with both Mexico and the U.S. He said, "This collaboration offers enormous opportunities."

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