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Canada's Economy Linked to U.S.
- Canada's economy is highly exposed to the U.S., with over 20% of GDP from exports to the U.S.
- Trump's trade policies risk pushing Canada into recession due to this close economic link.
Carney's Coalition Boosts Liberals
- Mark Carney's leadership has rallied progressive voters into a coalition, reversing Liberal Party fortunes.
- This shift partly counters the Conservatives, whose leader has a MAGA-like stance, unpopular with many Canadians.
Canada's Internal Trade Barriers
- Canada is a loose federation, with significant regulatory trade barriers among provinces.
- Interprovincial trade is less than half the volume of trade between Canada and the U.S.