The Hill Times
Trade diversification is once again in the spotlight as Canada faces the risk of calamitous economic damage threatened by United States President Donald Trump. Throughout Canada’s history, many have called for the country to reduce its reliance on the American market. But in the face of diversification efforts, Canada’s exports to the U.S. have consistently represented three-quarters of its total global export numbers.
“We have to realize that there is currently a limit to how much we can get even if there is a demand from these markets,” she said, remarking that strengthening infrastructure also means dealing with regulatory burdens that restrict exports. Prime Minister Justin Trudeau. Canada can no longer assume a 'special' relationship with the U.S., says Lawrence Herman.
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