Minister Ng meets with provincial and territorial trade ministers
September 15, 2023 - Ottawa, Ontario - Global Affairs Canada
Today, the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, concluded a productive meeting with counterparts as part of the yearly Federal-Provincial-Territorial Meeting for Ministers Responsible for International Trade.
At the meeting, the ministers discussed the deep and growing commercial relationship between Canada and the United States. Minister Ng reaffirmed her commitment to continue working closely with provinces and territories to address shared concerns and enhance North American competitiveness through trade. The Minister emphasized the importance of supporting rules-based trade to enhance competitiveness under the Canada-United States-Mexico Agreement and Canada’s ongoing to address unjustified U.S. duties on Canadian softwood lumber
Minister Ng highlighted the importance of with provinces and territories to help Canada expand tradeinvestment resilience .
Minister Ng also introduced Canada’s recently appointed and first Canadian Indo-Pacific trade representative. As announced by Prime Minister Justin Trudeau, this new role represents a major milestone of the Indo-Pacific Strategy and will help further facilitate and promote trade, investment and supply chain resilience between Canada and the region.
Minister Ng concluded the meeting by holding a round-table discussion and reaffirmed her commitment to working with each of her provincial and territorial counterpartsTeam Canada , ensuring that Canadian workers and businesses from coast-to-coast-to-coast benefit from Canada’s growing global trade.
“All Canadians benefit when all levels of government work together. I look forward to continuing to work with representatives of provinces and territories to make it easier for Canadian entrepreneurs and investors to succeed in diverse markets around the world. Together, we will continue to promote Canada and Canadian talent—and highlight Canadian goods, services and industries—here at home and abroad.”
- Mary Ng, Minister of Export Promotion, International Trade and Economic Development
Canada, the United States and Mexico make up one of the largest economic regions in the world, encompassing a regional market with a gross domestic product of nearly $40 trillion and comprising around 500 million consumers.
Canada and the United States share one of the largest trading relationships in the world; in 2022, bilateral trade in goods and services was valued at nearly $1.3 trillion, making Canada the largest U.S. trading partner .
Canada and the United States are each other’s top sources of imported energy.
Canada’s Indo-Pacific Strategy, launched in November 2022, advances and defends Canada’s interests by supporting a more secure, prosperous, inclusive and sustainable Indo-Pacific region while protecting Canada’s national and economic security at home and abroad.
The Indo-Pacific makes up more than one third of all global economic activity and accounts for 65% of the global population.
The Indo-Pacific is the fastest-growing economic region in the world and Canada’s second-largest merchandise export market, after the United States; in 2022, yearly 2-way trade was valued at $270 billion.
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