Brookfield’s commercial investment footprint in Texas

Everything’s bigger in Texas — including Canadian investments. Brookfield, a Canadian company and leading global asset manager, is one of the largest commercial investors in the state, with operations spanning data centers, office towers, residential communities, distribution centers, retail properties, and energy infrastructure. With a focus on long-term, large-scale investments, Brookfield plays a key role in driving economic growth and strengthening critical industries in Texas.

As Texas emerges as a data center hub, Brookfield’s Compass operates two hyperscale campuses in Dallas-Fort Worth, supporting 670 megawatts of contracted capacity. The company is also a key player in natural gas, with a stake in Cheniere Energy, which exports LNG from terminals in Sabine Pass and Corpus Christi.

The expanding presence of Brookfield in Texas is more than just a business venture — it symbolizes the deepening relationship between Canada and one of the U.S.’s most influential states. From sustainable energy to transformative real estate development, Brookfield is playing a pivotal role in Texas’ continued growth and success.

Providing technology for carbon capture

1PointFive is a joint venture between Texas-based Occidental Petroleum and Canada-based Carbon Engineering, currently building out facilities to pull carbon dioxide from the air and store the gas underground to support the carbon reduction targets of the airline industry.

Occidental eventually wants to sell “net-zero oil”, which would involve energy customers paying for machines that suck carbon dioxide from the air. Direct-air-capture technology does not exist at scale and removing carbon dioxide in this manner is currently much more expensive than forestry. However, it holds the promise of locking up carbon more reliably and for far longer.

Canada invests in Texas

Exports to Canada support 138,000 employees in Texas in addition to the 104,650 employees at Canadian-owned businesses across the state. Texas exports $40.2 billion in goods and services to Canada.

Canadian-owned companies, including CST Brands, Precision Drilling, Spectra Energy and BMO Harris Bank, are major contributors to Texas’ economy. They employ residents in every sector and contribute to the local economy by paying salaries and local taxes and purchasing goods and services in their supply chain.

Texas exports $34.6 billion in goods to Canada annually
Texas exports to Canada by industry

• Agriculture: 4%
• Chemicals: 8%
• Energy: 31%
• Equipment & machinery: 29%
• Minerals & metals: 9%
• Plastics & rubbers: 7%
• Transportation: 9%
• Other: 3%

Top Texas goods exports to Canada

• Crude petroleum: $7.4 billion
• Fuel oil: $3.1 billion
• Plastics & plastic articles: $2.3 billion
• Pearls, gems, precious metals & jewelry: $1.8 billion
• Aircraft & parts: $1.4 billion
• Computers: $1.4 billion
• Organic chemicals: $1.2 billion
• Optical, medical & precision instruments: $1.0 billion
• Trucks: $695 million
• Telephones & AV recording equipment: $655 million

Texas exports $5.6 billion in services to Canada annually
Top Texas services exports to Canada

• Business services: $1.8 billion
• Charges for the use of intellectual property: $1.2 billion
• Travel (including for education): $1.1 billion
• Transport: $586 million
• Financial services: $409 million

Texas imports $34.4 billion in goods from Canada annually
Texas imports from Canada by industry

• Agriculture: 6%
• Chemicals: 4%
• Energy: 17%
• Equipment & machinery: 15%
• Minerals & metals: 5%
• Plastics & rubbers: 4%
• Transportation: 41%
• Other: 8%

Top Texas goods imports from Canada

• Automobiles: $12.2 billion
• Crude petroleum: $5.1 billion
• Engines & turbines: $1.6 billion
• Aircraft & parts: $1.1 billion
• Plastics & plastic articles: $1.0 billion
• Aluminum & aluminum articles: $626 million
• Motor vehicle parts: $564 million
• Organic chemicals: $554 million
• Optical, medical & precision instruments: $521 million
• Fuel oil: $481 million