The Texan outfit are on the hunt for a replacement for Dom Kinnear who recently departed to return to San Jose Earthquakes where he will take the head coaching role for 2015 and beyond.
Recent coaching appointments around MLS have seen men with plenty of knowledge in the competition given the job but Canetti says the Dynamo may not go down that path.
"We're approaching this process in a very thorough way and on a global scale," Canetti told MLSsoccer.com.
"We're not limiting our search to those with MLS backgrounds. While that's been the recent trend, we have a wider scale and a wider scope to our search in mind.
"While our search is global in nature, we are interested in looking at the top candidates from MLS as well."
Canetti added: "With foreign coaches, you have to make sure they're here for the right reasons, number one, which is to win and help develop the club for the long-term.
"You have to make sure that when they come into the league, they entirely buy into the league structure and are willing to learn it and accept it and not use it as an excuse for failure.
"Lastly, they need to come in with a humble approach and not with a know-it-all attitude, because our league's different. There are other variables that add up to success that are not exactly the same as leagues in foreign lands. Whoever comes in here needs to be able to embrace that, accept it and be able to deal with it."
For breaking stories and all the great banter like us on Facebook: facebook.com/tribalfootball