Posted in

Canada Reaches for Its Economic Past to Find a Future Less Reliant on the U.S.

Prime Minister Mark Carney on Thursday announced another six major infrastructure projects as part of his ambitious plan to reduce Canada’s economic reliance on the United States after President Trump set off a trade war with its neighbor.

Mr. Trump last month abruptly suspended trade negotiations with Canada, which sends an overwhelming majority of its exports to the United States, after a Canadian province ran a commercial on American television that featured President Ronald Reagan speaking out against tariffs.

Since becoming prime minister in the spring, Mr. Carney has focused much of his efforts on expanding trade beyond the United States and starting major domestic projects to boost the country’s economy.

Share