Texas Governor Greg Abbott meets with Canadian Prime Minister Justin Trudeau

Canadian Prime Minister Justin Trudeau and Texas Governor Greg Abbott meet.

Texas Governor Greg Abbott met with Canadian Prime Minister Justin Trudeau in Houston on Friday to discuss energy, trade relations and commercial ties between Texas and Canada.

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Trudeau met with the Governor while in Texas attending the CERAWeek Conference. During the meeting, the two leaders discussed common goals on energy, trade and education.  They spoke about the growing importance of entrepreneurship and technology. The meeting concluded with shared optimism of further strengthening this important partnership.

“Today’s meeting with Prime Minister Trudeau was very productive, and I was honored to have him here in the Lone Star State,” Gov. Abbott stated. “As Texas’ second largest export destination, Canada is a strong trading partner with Texas, especially in the energy sector. I look forward to continue working with Prime Minister Trudeau to expand Texas’ already robust relationship with Canada.”

Billed as the “premier annual international gathering of energy industry leaders, experts, government officials and policymakers,” the Houston conference marked it the “36th anniversary of this influential event, ranked among the top five ‘corporate leader’ conferences in the world.”

Trudeau gave the keynote speech at the conference. The United States and Canada are the world’s largest integrated energy market, with Canada in a critical role of strengthening North America energy security. Trudeau was honored with the CERAWeek Global Energy and Environment Leadership Award for his commitment to expanding Canada’s role in sustainable development of its natural resources.

Other news from the conference, which was attended by almost 3,000 delegates from more than 60 countries, includes:

Online advertising

By 2020, more than three-quarters of all online display advertising revenue will come from mobile. Global mobile display advertising surged 72 percent in 2015 compared to the previous year, and accounted for 45 percent of all online display advertising revenue. It has grown stronger than any other medium in the last four years.

In 2016, worldwide mobile advertising grew 42 percent, to $41 billion and for the first time generated more than half—55 percent—of all online display advertising revenue.

Artificial Intelligence

The Artificial Intelligence tied into the global smartphone installed base continues to grow.  By 2020, the smartphone-installed base will exceed six billion units, up from four billion in 2016, with revenues totaling $355 billion. Consumer spending on mobile apps will reach $74 billion in 2020, up from $54 billion in 2016.

CERAWeek 2017 featured more than 350 speakers including:

  • H.E. Khalid A Al-Falih, minister of energy, industry and mineral resources, Kingdom of Saudi Arabia, chairman of the board, Saudi Aramco
  • H.E. Mohammad Sanusi Barkindo, secretary general, OPEC
  • Fatih Birol, executive director, International Energy Agency
  • Energy ministers from more than 12 countries
  • CEOs from more than 20 oil and gas companies
  • CEOs from more than 15 power and renewable companies
  • CEOs from more than 15 global technology companies
  • CEOs and senior leaders from more than 15 financial companies
  • Three United States Senators including John Cornyn, Texas and Daniel Sullivan, Alaska

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