The Canadian American Business Council (CABC) formally welcomed AEM to its membership as AEM expands its advocacy in Canada.
AEM's membership in the CABC is part of a broader strategic initiative identified by the Board of Directors to expand advocacy services for equipment manufacturers in Ottawa and across all of Canada.
Equipment manufacturers generated $15 billion for the Canadian economy in 2016, and supported 149,000 jobs. Canada is also the biggest export market for construction and agricultural equipment manufactured in the United States.
“AEM has identified increased Canadian advocacy as a key strategic goal for our industry, and we are excited to join with CABC to help advance that mission,” said AEM President Dennis Slater. “AEM will strive to establish ourselves as the leading voice for equipment manufacturers in Ottawa, just as we have here in Washington, D.C.”
Established in 1987, the CABC is a non-profit, non-partisan, issues-oriented organization dedicated to elevating the private sector perspective on issues that affect Canada and the U.S.
AEM's membership in CABC is especially important amid ongoing NAFTA negotiations; the CABC joins AEM in seeking greater North American prosperity through a renegotiated NAFTA.
CABC members are key business leaders and stakeholders from both sides of the border, ranging from entrepreneurs to the most iconic brands in the world. Collectively, CABC members employ about 2 million people and have annual revenues of close to $1.5 trillion. The council's activities include high-level briefings on issues of current concern, assistance with practical trade and policy challenges, significant networking opportunities, and informative seminars.