Time: 9:27 p.m. CEST
Canadian, American and Mexican leaders have agreed to a trilateral energy and climate plan that would pave the way for a dramatic increase of electricity exports from Canada to the U.S.
In a statement released as the trilateral summit was just getting under way, the leaders committed to a North America-wide goal of 50 per cent clean-energy electricity by 2025 up from the current 37 per cent, and supported the construction of new transmission lines needed to enhance continental integration in the power sector.
U.S. President Barack Obama arrived in Ottawa on Wednesday and joined Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto in the so-called Three Amigos summit, with a major focus on co-operation on energy and climate change. The agreement was reached before the leaders even sat down, and largely brings Mexico into a bilateral plan that Mr. Trudeau reached during a visit to Washington D.C. in March.