Oh, Canada, we’ll miss you.
Our northern neighbor, under new prime minister Mark Carney, is taking serious steps to unlink from American economic domination.
“America has changed and we must respond,” said the former governor of the English and Canadian central banks. Carney’s goal is to double Canada’s non-U.S. exports over the next decade.
Long-term contracts and agreements have already been signed with the European Union, India and Japan. That includes diversion of oil exports to Eurasia and aluminum to the EU. But other steps have been taken to limit U.S. impingement, including tariff cuts for Chinese EVs in exchange for lower tariffs on Canadian farm products.
Canada also canceled a $400 billion, 40-year-commitment to buy F-35 fighters from Fort Worth’s Lockheed Martin, risking thousands of American assembly plant jobs and among 3,000 subcontractors. Instead, Sweden’s Saab will supply Canada its Gripen E fighters.
“You cannot sell fighters to a country whose sovereignty you threaten,” Carney said.
The two countries share the longest unarmed border in the world. But Trump boasts of the U.S. making Canada “the 51st state.”
Ooops.
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