More than 200 Mexican businesses launched a two-day trade mission in Toronto and Montreal this Thursday to deepen commercial ties with Canada [4, 5].
The mission arrives as the three North American partners prepare for the first mandated review of the USMCA trade agreement scheduled for summer 2026 [6]. Coordinating commercial interests now is seen as a way to stabilize relations before the high-level review process begins.
Participants in the mission include major corporations such as Grupo Bimbo, which has used Canada as a primary site for international expansion. The company's presence highlights the scale of existing bilateral investment between the two nations.
Fernando Lerdo de Tejada said, "We have invested more than $1.6-billion in Canada since 2014 and now operate 17 bakeries across seven provinces, employing more than 4,000 people directly" [1, 2, 3].
The mission focuses on expanding commercial links across two cities [7]. By engaging directly with Canadian counterparts, Mexican firms aim to identify new market opportunities, and solidify supply chains that are critical to the regional economy.
Trade officials and business leaders are using these meetings to align their goals before the formal USMCA review. The current environment is characterized by uncertainty, making these bilateral efforts a strategic priority for Mexico to ensure its economic interests remain protected during the upcoming negotiations.
“More than 200 Mexican businesses launched a two-day trade mission in Toronto and Montreal”
This trade mission signals Mexico's proactive strategy to secure bilateral support from Canada before the USMCA review in summer 2026. By emphasizing deep-rooted investments—such as those from Grupo Bimbo—Mexico is framing its economic relationship with Canada as a stabilizing force that can withstand potential volatility during the broader trilateral trade renegotiations.
