The Financial Post reports in its Thursday edition that Canadian companies could help Mexico reduce its lopsided dependency on imported U.S. natural gas by maximizing its own domestic supplies of the fuel, according to the head of Canada's top business group. A Bloomberg dispatch to the Post says that while Mexico has for decades been a major oil producer, local natural gas output has failed to keep up with demand as it instead favoured imports from U.S. suppliers, mostly across the border in Texas. Now Canadian firms see opportunities to increase investment in Mexican energy, said Business Council of Canada chief executive officer Goldy Hyder after meeting with President Claudia Sheinbaum. Executives from major pipeline builders Atco and TC Energy were present at the sit-down with the Mexican president at the Group of Seven summit in Kananaskis, Alta. Because of a growing network of pipelines, Mexico's reliance on gas from Texas sharply scaled up beginning around 15 years ago as U.S. shale projects took off. More than 70 per cent of the Latin American economy's demand for the fuel is now satisfied via cross-border imports. State-owned Petroleos Mexicanos (Pemex) has struggled for years to boost its natural gas output.