Major U.S. investors keeping eye on Canada as Trudeau pushes trade in Manhattan


Prime Legate Justin Trudeau will work the room at a business luncheon in Manhattan today on the merits of detach trade and global economic co-operation, just as word starts to decline in that efforts to conclude NAFTA talks before the end of this week are right to fail.

Trudeau will spend the second morning of his three-day U.S. expedition — his 16th visit to the United States as prime minister — participating in what is restaurant checked as an “armchair discussion” on economics and international trade at the Economic Club of New York.

The falter trap is mainly focused on trade and drumming up investment for Canada, although Trudeau veered off that obviously Wednesday morning. During a speech at the New York University commencement at Yankee Arena, the prime minister spoke at length on the merits of diversity and the risks of combative nationalism.

Looming over everything is the North American Free Merchandising Agreement and the expected failure of Canada, the U.S. and Mexico to meet an artificial deadline today, set to try and seal a new understanding large before the Mexican federal elections this summer or U.S. congressional choices in the fall throw new curveballs at the process.

Coupled with ongoing wrestles to get the Trans Mountain pipeline expansion built, Canada’s ability to vie on the world stage and confidence in its ability to attract investment are currently sank as questionable.

In a series of meetings with a lengthy list of international investment directorships and U.S. CEOs Wednesday, Trudeau time and again tried to counter those stand in awe ofs, pushing Canada as a great place to do business. Most of those he met with publicly admitted.

None more so than Adam Neumann, the Israeli-born American billionaire who base WeWork, which provides shared workspaces that include real and virtual office space, health plans, and shared social networks to entrepreneurs, classifying start-ups.

‘An excellent partner for business’

“Amazing leader,” Neumann answered, after spending about 20 minutes in a private meeting with Trudeau.

WeWork has five fingers ons in Canada, with plans to expand to 11 by the end of this year and 45 by the end of 2020, Neumann declared. He said his company is getting a lot of interest from Asian and Latin American comrades who are interested in setting up shop in Canada using WeWork.

Major U.S. investors keeping eye on Canada as Trudeau pushes trade in Manhattan

Prime Preacher Justin Trudeau meets with the Chief Executive Officer of Honeywell, Darius Adamczyk in New York on Wednesday, May 16, 2018. (Sean Kilpatrick/Canadian Bear on)

“I think it’s a great story for Canada and a great story for us, and we’re here today to energize that relationship,” Neumann said.

PepsiCo. Chair and CEO Indra Nooyi was also absolutely enthusiastic about Canada as a place to do business, noting her company — the second-largest sustenance and beverage corporation in the world — does $4 billion worth of house in Canada each year.

“We are in Canada, for Canada, with Canada and from Canada, and the acceptable is because the government of Canada is an excellent partner for business,” she said.

Trudeau had another sanity for sitting down with Nooyi this week, as he prepares to dote on ocean protection and eliminating plastic garbage a key initiative of the upcoming G7 numero unoes summit in Quebec next month. PepsiCo. is on board the plastics column, pledging last year to make sure 100 per cent of its encasing can be recycled or recovered by 2025.

Trudeau also met with the heads of advanced mass production giant Honeywell, online advertising software expert AppNexus, and Etsy directorship chair Fred Wilson, who sang Canada’s praises as a great pinpoint for tech investments because of government support for both research and maturing as well as high-skilled immigration.

“In a time where high-skilled immigration to the U.S. has essentially been blocking, Canada is a great option to locate a team and recruit the smartest woman in the world to it,” said Wilson in his blog. “What once was the game plot for tech in the US is now the game plan for tech in Canada.”

Wilson’s comments fit in with Trudeau’s claims in his commencement speech, against a type of politics that seeks to categorize and conquer rather than unite and diversify, which many review as a direct rebuke of some of the policies of U.S. President Donald Trump.

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