It may be a short-term show of defiance aimed at fending off the President’s threat of 25-per-cent tariffs, or a longer-term movement designed to make Canada less dependent on the U.S.
There are plenty of politicians claiming to stand up for Canada against the current threats but still few with coherent answers to the country’s big new political question: What will Canada ’s wave of economic nationalism become? Nova Scotia Liquor Corporation employee, Justin Burkey, removes wine made in the U.S. off the shelves as part of the province's response to U.S. President Donald Trump's tariff threats in Halifax, on Feb. 3.
The impulse isn’t new. Canada has embraced economic nationalism many times, going all the way back to Sir John A. Macdonald’s steep tariffs in 1878 – but later pulled back.In 1972, Pierre Trudeau’s government, dismayed by the brief imposition of U.S. tariffs in 1971 and faltering in an election campaign, issued an Options Paper for Canada-U.S. relations.
Now, Mr. Trump is demanding better trade terms, and having paused his first tariff threat, he nevertheless says he’s announcing tariffs Monday on steel and aluminum. But he is also demanding new border enforcement and threatening “economic force” to make Canada theThere are plenty of politicians claiming to stand up for Canada against the current threats but still few with coherent answers to the country’s big new political question.
Certainly, it would be best to avoid reliving some of the past. Canadian economic nationalism of the 1960s and ‘70s, fanned by Vietnam War-era antipathy to the U.S., centred on fears American ownership of companies would “lead to less control over our own destiny,” said Carleton University historian Stephen Azzi.January’s scramble for ways to retaliate against U.S. tariffs underlined the difficulties of insulating the economy. The idea that Canada might cut off or tax oil exports to the U.S.
Politicians have treated resources, notably critical minerals, as Canada’s key bargaining chip, but future prosperity depends on more. Economic nationalism in 2025 would have to include technology and a national effort to develop intellectual property.
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