Canada’s historical overdependence on the US has put it at a disadvantage, Mark Carney has said, adding that the “good old days” are gone
Canada’s historical overdependence on the US has put it in a vulnerable position and Ottawa should now adopt a more diversified approach to trade, Prime Minister Mark Carney has stated.
The US is Canada’s largest trading partner, accounting for 72% of its exports in 2025, according to Scotiabank.
However, relations between Ottawa and Washington have noticeably soured since Donald Trump assumed office last January, with the US president slapping hefty tariffs on the neighboring nation and routinely referring…
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