U.S.-Canada trade partnership a main focus at Global Petroleum Show

Canada’s Global Petroleum Show (GPS) in Calgary will highlight the strong trade partnership between the U.S. and Canada as companies and individual states will look to grow and add to their business deals.

By Eric R. Eissler June 8, 2015

Calgary, AB—The Canadian province of Alberta is filled with sports and oil and gas madness this week. Edmonton is hosting soccer games for the 2015 FIFA Women’s World and Calgary is hosting the Global Petroleum Show (GPS), Canada’s largest oil and gas tradeshow, from June 9-11. GPS will highlight the partnership between the U.S. and Canada and each nation’s involvement in the burgeoning oil and gas industry, which is turning North America into a hydrocarbon powerhouse.

To facilitate and showcase this partnership, the U.S. Consulate General’s Foreign Commercial Service will host the largest international pavilion at GPS with almost 80 U.S. companies from 24 states exhibiting. The companies are seeking opportunities to increase trade with Canada as well as identify joint venture partners, agents or distributors. Trade delegations from Missouri, Montana, North Carolina, Pennsylvania, and Virginia will be exhibiting in addition to individual U.S. firms representing other states. Montana Governor Steve Bullock will also be in attendance leading a delegation of 15 Montana companies.

"Canada and the U.S. have the largest, most important trade relationship between two countries in the history of the world. Not a day goes by that our team here isn’t contacted by several U.S. firms looking for assistance on entering the market in Western Canada," said Cindy Biggs, the U.S. Consulate’s commercial attaché for Western Canada. "GPS represents the perfect platform for U.S. companies to either identify a new Canadian partner or to build on their existing relationships, which represents a real win-win for the economies on both sides of the border."

Some quick trade facts: Courtesy: Consulate General of the United States, Calgary, Canada

  • More than $2 billion in trade and 300,000 people cross the shared border each day.
  • The annual trade for goods and services was $759 billion last year – a new high. U.S.-Canadian bilateral trade supports an estimated 8 million jobs in the U.S. and one of every seven jobs in Canada. ·
  • Two-way trade between the U.S. and Alberta alone is greater than U.S. trade with Brazil and India and about double the U.S. trade with Russia.

– Eric R. Eissler is editor-in-chief, Oil & Gas Engineering, eeissler@cfemedia.com.

ONLINE extra

Learn more about the Global Petroleum Show (GPS) here.

Original content can be found at Oil and Gas Engineering.