During his Latin American tour (Mexico, Panama and Ecuador) Canadian Minister of Trade, Michael Fortier, discussed the possibility of a Free Trade Agreement with Panamanian President Martín Torrijos. If it came to fuition, said agreement would considerably strengthen Canada-Panama relations to both their benefit.
Panama is host to several Canadian companies such as Scotiabank, Teck Cominco, Inmet Mining and SNC Lavalin, and educational entities like McGill University, St. Clair College and Durham College. These entities hire locals and thus vitalize their economy.
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