Mexico and Canada have a dynamic and prosperous relationship, marked by deep people-to-people ties, rich cultural connections, and growing trade and investment. They've been diplomatic friends since 1944 and have been strengthening their partnership over the years ¹.

*Trade and Investment*

Their trade relationship has seen significant growth since the North American Free Trade Agreement (NAFTA) came into force in 1994. In 2023, two-way trade between the countries amounted to $28.7 billion, with Canada's main exports including seeds, aluminum alloys, and wheat ².

*Cultural Exchange*

There's a significant cultural exchange between the two nations, with over 2.4 million Canadians visiting Mexico in 2023. Many Canadians have also purchased property in Mexico and spend extended periods there. Similarly, Mexicans are increasingly visiting Canada, with over 590,000 traveling there in 2023 ¹.

*Partnerships and Cooperation*

The Canada-Mexico Partnership (CMP) is a key mechanism for bilateral cooperation, focusing on areas like trade, investment, energy, environment, and human capital. The partnership has nine working groups, including Agri-business, Culture and Creativity, and Mining ³.

Overall, Mexico and Canada enjoy a strong and multifaceted relationship, with opportunities for growth and cooperation in various areas.#MarketPullback #Write2Earn