Canadian investors would do well to watch how Mexico’s energy sector evolves as Mexico’s President Enrique Pena Nieto champions and enacts the ambitious reforms he promised during the 2012 election. Since taking office, Mr. Pena Nieto has dismantled a longstanding monopoly in the energy sector so that companies located abroad will soon be able to access the country’s vast resources […]
Post Tagged with: “Mexico”
Mexico’s rise is good for Canada. Really
In late August, Enrique Peña Nieto, Mexico’s hard-driving reformist president, gathered with beaming executives from South Korea’s Kia Motors to announce the carmaker will spend US$1 billion on a new assembly plant near the northern city of Monterrey—one more new North American car factory Ontario didn’t get. The deal, Peña Nieto boasted, is part of “the success story that we […]
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