Canada bets on diversification after calling US ties a weakness

1 min read
Source: Yahoo
Canada bets on diversification after calling US ties a weakness
Photo: Yahoo
TL;DR Summary

Canadian Prime Minister Mark Carney says Canada’s historically close economic ties to the United States are now a weakness that must be corrected, citing U.S. tariffs that have hit auto and steel industries and created investment uncertainty. He outlined plans to diversify the economy, attract new investment, pursue trade deals with other countries, expand clean energy capacity, and bolster defense spending, insisting Canada must not rely on a single partner and must take control of its security and future.

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