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Trade agreement will boost Missouri exports to Canada

MISSOURI — As part of a trade mission to Canada, Gov. Jay Nixon has signed a trade agreement with the province of Alberta to increase Missouri’s exports to America’s northern neighbor. The agreement is the third the governor has signed with a Canadian province in the last 18 months. Canada is the state’s leading export destination and, in 2014, Missouri exports to that country reached an all-time high of more than $4.7 billion.

“One of the best ways to create jobs and boost our state’s economy is to expand trade relations and compete fully in the global marketplace, because 96 percent of the world’s consumers live outside the United States,” Nixon said. “This agreement with Alberta, along with the relationships we’re building on this mission, provides the opportunity to further expand our trade with Canada, Missouri’s top export market and one of the leading nations for investment in the Show-Me State.”

The agreement with Alberta, signed Monday in Edmonton by Nixon and Alberta Premier Rachel Notley, provides a framework for further collaboration and economic development initiatives to enhance trade and investment between Missouri and Alberta. Alberta is Canada’s leading energy province, and in 2014 bi-lateral trade between Missouri and Alberta surpassed $465 million.

Source: Gov. Jay Nixon Press Release

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