Aerospace Facilities: Goldman Sachs

Supply Chain Dynamics Dept: Mexico is Canada’s third-largest trading partner and our fourth-largest export market, and its economic prospects are positive. The World Bank’s 2010 annual report, Doing Business, declared Mexico the easiest place in Latin America to run a company. Goldman Sachs predicts that in 40 years, Mexico will be the world’s fifth-largest economy, bigger than Russia, Japan or Germany. More than 2,500 Canadian firms are active. Walk down any of Mexico City’s main streets and you will spot a Bank of Nova Scotia, now the sixth-largest bank in Mexico. Shop in the supermarket and you are likely to find Canadian products, according to Globe And Mail. Our provinces, especially the premiers, have put effort into the relationship but we must do more. “We need,” argues Bob Pastor in his new book, The North American Idea: A Vision of a Continental Future , “to start over with a big North American idea, one based on the simple premise that all three countries benefit when one succeeds, and we are all hurt when one fails.” Since NAFTA, Mexico has suffered from a lack of strategic consideration by Canada. Our policy initiatives often lack follow-through, especially in maintaining regular contact at the ministerial level, or reflect the kind of heavy-handedness for which we criticize the United States. The imposition of a visa on Mexican visitors in 2009 was badly handled. Still in place, it is a reminder of our ineffectual refugee determination system and its reform should be a priority for the re-elected Harper government. The supply-chain dynamics that underpin the Canada-U.S. relationship now embrace Mexico. Magna has over 30 auto-parts plants while RIM produces BlackBerrys for the global marketplace. Aerospace facilities in Queretaro also build components for Bombardier aircraft, including those shipped north to Montreal for final assembly. Canadian mining firms are major players and bolster our place as Mexico’s fourth-largest foreign investor. As reported in the news.
@t refugee determination system, nafta mexico