Canada is backing U.S. efforts to push back against what they consider protectionist energy policies in Mexico that violate North American trade rules.
U.S. Trade Representative Katherine Tai says Mexico is unfairly prioritizing its own state-owned energy operations, and shutting out American firms, including solar and wind producers.
U.S. energy producers have been complaining for months that Mexico provides preferential pricing and emissions standards for its two main companies: oil and gas producer Pemex and the Federal Electricity Commission. "We will be joining the United States in taking action by launching our own consultations under CUSMA to address these concerns, while supporting the U.S. in their challenge."
Softwood lumber, too, remains a long-standing bone of contention between Canada and the U.S., where two senior members of Congress are urging Tai to make a deal to ease the inflationary pressure on the U.S. housing market. Since the last softwood lumber agreement between the two countries expired in 2015, softwood lumber prices have more than doubled, they write.
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