Dominic LeBlanc to lead large trade mission to Mexico next week
BNN Bloomberg
The minister in charge of Canada-U.S. trade is leading a large delegation to Mexico next week as Ottawa looks to diversify its trade links in response to Donald Trump’s tariffs and threats.
Dominic LeBlanc will be in Mexico from Sunday to Friday with hundreds of delegates representing Canadian businesses, industry associations and partners from across the country.
“The strong and long-standing partnership between Canada and Mexico is critical to the strength of the North American economy,” LeBlanc said in a Friday news release.
“This trade mission will build on that strength by deepening our collaboration in key sectors and showcasing what we know to be true: Canada has what the world needs.”
The news release said the mission’s goal is to strengthen commercial ties and explore new opportunities with Mexico. It will focus on areas like advanced manufacturing, agriculture, clean energy and communication technologies.
LeBlanc is set to play a key role in the upcoming review of the Canada-U.S.-Mexico Agreement on trade, better known as CUSMA.
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
The Trump administration this week stepped up its ambitious effort to replace about US$1.6 trillion in lost tariff revenue that was eliminated by the U.S. Supreme Court’s decision to strike down a range of the president’s import taxes.
The Bank of Canada will be balancing a last-minute flood of economic data with uncertainty around trade and war in the Middle East as it prepares to make its second interest rate decision of 2026 this week.
The Trump administration has expanded its trade investigations to 60 countries, including Canada, in an effort to shore up the president’s tariff policies.
Canada has committed to supplying 23.6 million barrels of oil as part of a larger International Energy Agency plan to help stabilize energy markets as the war in the Middle East continues.
Canada’s energy-heavy index may cushion stocks from oil shocks, but rising crude prices could boost inflation and pressure consumers.
Venture Global will proceed with phase 2 of its CP2 liquefied natural gas project in Louisiana, the company said on Friday.
The U.S. is temporarily easing some sanctions on Russian oil shipments, reflecting global concerns over sharply higher crude prices due to supply shortages stemming from the Iran war.
Telus Corp.’s global IT and customer services arm says it’s investigating a breach of its systems.
When Jensen Huang strides onto the stage of a packed hockey arena to kick off Nvidia’s annual developer conference on Monday, he is likely to reveal products and partnerships geared toward keeping the AI chipmaker atop a growing array of competitors.
The current Canada Revenue Agency (CRA) crackdown on Canada’s growing army of gig workers has gone beyond Uber drivers, contractors, consultants, handy-people and freelancers.
The U.S. Trade Representative’s office said late on Thursday it had begun Section 301 unfair trade practices probes of 60 economies in relation to what it called failures to take action on forced labor.