High Quality Content by WIKIPEDIA articles! Latin America and the Caribbean’s vast resources give the region great geopolitical importance, attracting foreign interest for centuries. From the colonial race of European empires, to the multinationals of today’s neoliberal capitalist world, this region continues to draw interest. Canada’s involvement in Latin America increased dramatically since 1989 with several landmark negotiations and agreements. By 2009, the Canadian larger-company mineral exploration market in this region was valued at US$1.7 billion. Currently, Latin America and the Caribbean are dominated by Canadian companies falling from a 49% to 32% held control over the larger-company mineral exploration market after the global recession of 2008. The Canadian share of the market is roughly US$59 million more than the amount domestic companies planned to spend in this region. Both Mexico and Chile have the most intense focus of Canadian mining companies; however, their...

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