Inauguration of U.S. President Donald Trump raises security and economic issues for Canada, say experts
B.C. scholars of the United States are warning of significant consequences for Canada's physical and economic security as the administration of U.S. President Donald Trump takes charge.
Meyers said Canada will have to increase its military spending, adding he doesn't know"where the money for that's going to come from." He noted Canada has tried to increase military spending in the past, but"has had problems with procurement" of military equipment. During a recent press conference before becoming president, Trump did not rule using force against Greenland, formally the territory of NATO-ally Denmark, and Panama, home of the eponymous canal, which Trump promised to"take back" during his inauguration speech without giving details.
"Mill towns across B.C. would be really, really hit hard if their products were subject to a tariff. So any delay, reduction or redirection of that tariff threat would be most, most welcome" because in any future trade war"Canada would be very much the more vulnerable party."
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