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Largest Mexican Trade Mission to Canada Underway in Toronto Ahead of CUSMA Review
A delegation of 240 Mexican businesses begins its largest-ever trade mission to Canada on Thursday in Toronto before heading to Montreal. Mexican Economy Secretary Marcelo Ebrard will meet with Canada-U.S. Trade Minister Dominic LeBlanc to discuss the pending CUSMA review and hold talks with major Canadian corporate leaders.
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The largest trade mission Mexico has ever sent to Canada begins in Toronto on Thursday before moving to Montreal. The visit is a truncated version of a trip originally announced as including Vancouver. A total of 240 Mexican businesses are signed up, with about 1,800 business-to-business meetings already planned, according to Mexico’s Secretariat of Economy.
U.S. Trade Minister Dominic LeBlanc to discuss the pending CUSMA review. Those meetings are scheduled for Wednesday and Thursday and are not designated as official negotiating sessions.
Cbc reported that Ebrard plans to meet with the CEOs of Air Canada, Bombardier, CN Rail and TC Energy during his time in Canada. Ebrard is also slated to host a meeting between Mexican businesses and Canadian investment funds including the Ontario Teachers’ Pension Plan.
"This is an unprecedented working visit aimed at expanding our investment and trade flow with Canada," said Ebrard in a statement.
Cbc reported the mission follows a Canadian trade mission that visited Mexico City, Guadalajara and Monterrey in February. Canada and Mexico recorded about $62 billion in bilateral merchandise trade in 2025. Canada was the second-largest destination for Mexican goods in 2025.
Mexican exports to Canada grew 17 per cent between 2024 and 2025, according to Mexican government figures. Canadian trade with Mexico has seen an over 12-fold increase since the North American Free Trade Agreement came into force in 1995. Fernando Vargas, CEO of Bloom White Label Partners, a digital services company based in Aguascalientes, said his startup currently conducts between 30 to 40 per cent of its business in Canada.
