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….