Canadian-Mississippi Trade Relations HighlightedBy Jeffrey Hess | Published 31 Oct 2012 05:11pm |
Mississippi business and political leaders are trying to strengthen the state's trading ties with Canada. MPB's Jeffrey Hess reports Canada is Mississippi's number one trading partner.
An army band plays the Canadian national anthem to welcome that country's Consul General Stephen Brereton.
Brereton spoke yesterday to a gathering of business and political leaders in Jackson.
16-percent of all goods Mississippi exports go to Canada and that trade accounts for 64-thousand Mississippi jobs.
Brereton says Canadian companies continue to look toward Mississippi for possible business investment, including new companies this year.
"Enerkem a Canadian company that is planning to construct a facility here in Mississippi that will convert municipal waste to ethanol to help address energy needs," Brereton said.
Mississippi exports nearly 2-billion dollars in goods to Canada making that country the largest foreign buyer of Mississippi made products.
"Over 1/4 of that trade, those exports from Mississippi to Canada, was in the form of automobiles, trucks, computers and plastics. Manufactured products. Manufactured products that are indicative of the fact that we make things together," Brereton said.
Governor Phil Bryant, who invited the Brereton to Mississippi, says it is hard to underestimate the importance of a strong trading relationship with Canada.
"64-thousand jobs depend on our relationship with Canada. And if you think about Toyota providing 2,000 jobs at that great plant in Blue Springs, and our relationship provides 64-thousand, than that is about 32 Toyota plants that we have because of our great friends to the north," Brereton said.
Canadian officials say the US imports more oil from Canada than Saudi Arabia and Kuwait combined.
Making a strong relationship with Canada key to America's energy needs.
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