Strengthening North American energy ties: cooperation key to continental energy dominance
As trade and geopolitical challenges reshape global energy markets, the Business Council of Canada (BCC), the U.S. Chamber of Commerce and the Consejo Coordinador Empresarial (CCE) are calling for a bold new approach to strengthen continental energy security and position North America as the world’s foremost energy powerhouse.
A new proposal calls on policymakers in Canada, the United States and Mexico to collaborate with the private sector and create a new energy alliance committed to enhancing trade, investment and economic growth.
Canada, the U.S. and Mexico are in a global competition with Russia and China for resources and influence. Working together rather than apart can protect and harden energy security in North America and improve each country’s ability to trade with its allies and partners.
This renewed energy vision will require leadership from North American governments. But the payoff is clear: a more secure, resilient, and globally competitive North American economy powered by energy cooperation, not fragmentation.
“North America’s energy resources have made each of our countries powerhouses in trade, investment, and economic growth, resulting in thousands of jobs for small and large companies alike,” said U.S. Chamber President & CEO Suzanne Clark. “The relationship between the United States, Mexico and Canada has always been one of the strongest alliances in the global community and strengthening our energy ties will benefit everyone on the continent.”
“This is a pivotal moment. Canada, the United States and Mexico have a shared opportunity to not only meet our own energy needs but to provide affordable, reliable energy to our allies,” said Goldy Hyder, President and CEO of the Business Council of Canada. “An integrated North American energy strategy will strengthen our economic relationship with the U.S. and Mexico, reduce global dependence on hostile energy regimes, and create thousands of jobs in each country.”
“Mexico, the United States and Canada have all the resources necessary to ensure North America’s energy security,” said Francisco Cervantes Díaz, President of the Consejo Coordinador Empresarial. “We can further leverage our shared energy abundance to supply the needs of our allies around the world.”