Canada’s staggering trade dependency on the U.S. looks like a liability

Canada’s staggering trade dependency on the U.S. looks like a liability

Canada’s unfettered access to the world’s biggest economy was once seen as an immense advantage. But now Canadian businesses’ huge dependence on trade with U.S. firms is seen as a liability. U.S. President Donald Trump’s undeclared trade war on many things Canadian — planes, dairy, newsprint, lumber, steel and aluminum, among others — has left the prospects of many U.S.-exposed industries hanging in the balance. The graphics below illustrate the staggering depth of dependency of Canadian goods on the American marketplace. Read more….

Canada’s staggering trade dependency on the U.S. looks like a liability


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