(DETROIT, MI) – Ontario Premier Kathleen Wynne and Michigan Governor Rick Snyder have entered into a partnership to work closer together to create jobs and foster economic growth between the two regions. The two leaders want to promote a competitive business climate, promote co-operation in tourism, and protect shared resources.
“The deep integration of our economies is vital to the success of our workers and businesses,” Snider and Wynne said in a shared statement. “We are each other’s largest trading partners and share the busiest Canada-U.S. border crossing.”
In 2017, two-way trade between Michigan and Ontario totalled $65 Billion (US), depending mainly on closely integrated auto industry supply chains. The trade accounts for almost 25 per cent of North American vehicle production.
“Ontario and Michigan have always worked closely to encourage innovation and enhance competitiveness in the auto sector, most notably through two previous [memorandums of understanding],” the statement read. “Our collaboration has already resulted in North America’s first national, cross-border automated vehicle test drive through southern Ontario and Michigan.”
As NAFTA is renegotiated between Canada, the United States, and Mexico, the partnership between Michigan and Ontario is designed to protect the productive partnership.
“The MOU we are signing today further strengthens our already robust trade and investment relationship and encourages new opportunities for collaboration and growth,” the leaders said. “It supports enhanced bilateral trade, will help us cooperate more in attracting tourism, promotes the Mid-Continent Trade and Transportation Corridor, and strengthens coordinated activities around the protection and restoration of our shared Great Lakes.”