PM Mark Carney says Canada will double non-US exports as Canadians can't rely on US

Prime Minister Mark Carney has announced a goal for Canada to double its exports to countries other than the United States within the next decade. He stated that Canada can no longer rely solely on its close economic ties with the U.S., as these have become vulnerabilities due to increasing American tariffs and investment uncertainty. Carney cited the impact of U.S. tariffs on key Canadian industries like autos, steel, and lumber, which are threatening jobs and causing businesses to hesitate on investments. He emphasized that the era of an ever-closer economic relationship with the U.S. is over, as the U.S. has changed its trade approach, leading to tariffs at levels not seen since the Great Depression. To address this, Canada is looking to re-engage with major global economies like India and China, while also leveraging its strengths as an "energy superpower" with significant oil, natural gas, steel, aluminum, uranium, and critical mineral reserves. Carney acknowledged that ... download the app to read more