Mexico Launches Largest Trade Mission to Canada Ahead of CUSMA Review

Marcelo Ebrard, Mexico's Secretary of Economy, led the country's largest trade mission to Canada in recent memory on May 7–8, 2026, bringing more than 240 companies to Toronto and Montreal for over 1,800 business meetings. The mission aimed to deepen bilateral ties and coordinate strategies ahead of the July review of the Canada-United States-Mexico Agreement, amid concerns that U.S. President Donald Trump may withdraw from the trilateral deal. Canada's Minister responsible for Canada-U.S. trade, Dominic LeBlanc, co-led the engagement.

The two-day mission produced over 10 memorandums of understanding across creative industries, education, agrifood, and life sciences. Grupo Bimbo committed CA$200 million to modernize its Canadian facilities, building on its existing $1.6-billion Canadian investment. Solar International Core Canada signed an MOU for a $2 billion investment in Hidalgo, Mexico. Bilateral merchandise trade reached approximately $62 billion in 2025, with Mexican exports to Canada growing 17 percent year-over-year.

While both countries publicly emphasized cooperation, reports indicated diverging approaches to Washington, with Mexico engaging more directly with the Trump administration. The two governments reaffirmed their commitment to the Canada-Mexico Action Plan, a strategic roadmap launched in September 2025 covering energy, health, security, and trade infrastructure. The mission followed a large Canadian trade visit to Mexico in February and underscored both nations' urgency to diversify trade and reduce reliance on the United States.