Although my post is too late, I hope it could be of some help to you.
To the question you asked, you can just use a MTS/M2TS Converter for Mac program to solve it.
And I am glad to share this nice program with you: Pavtube MTS/M2TS Converter for Mac.
I just found it a few days ago through google search. It can help the people who are using the AVCHD digital camcorders including Canon HF S11 and HF 21 to edit and convert their high definition record videos (*.mts or *.m2ts) to other video and audio formats, such as MP4, 3GP, 3G2 AVI, MPG. MOV, MKV, AVI, FLV, VOB, SWF, MP3, FLAC, OGG, WAV, AC3, M4A, MP3, WAV etc.
For more information please refer to:
http://www.pavtube.com/mts-converter-mac/
I prefer the program as its after-sale service is wonderful. After I purchasing the program, thier support center delivered an email for greeting and helping. How warm and kind!