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News & Current Events Apr 1, 2026 at 2:00 PM

Canada's finance minister aims to shore up support, investment in China

Posted by joe4942

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Unchainedboar Apr 1, 2026 +30
Anything but US
30
Phillyfan10 Apr 1, 2026 +13
I mean, Ontario’s energy minister was in Washington this week to talk CUSMA. US and Canada are still always going to each others biggest trade partners. I don’t doubt Canada will continue to diversify, but it’s not economically or logistically feasible for it to be any other way.
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Equivalent_Song3771 Apr 1, 2026 +1
Canada isn't USA's biggest trade partner. Mexico is
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ruledbyoligarchs Apr 1, 2026 +2
Not with that attitude
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Phillyfan10 Apr 1, 2026 +7
Not with 75% (~$420B) of their exports going to the states, at exorbitantly lower costs than they would be elsewhere, due to shipping. I have nothing but love for Canadians. My next door neighbor and dear friend hails from Sudbury. We had beers in my garage and shot the shit for an hour yesterday, and are fishing this weekend. I support Canadian sovereignty, of course, and “elbows up”. Understand that isn’t particularly reciprocal at this time, but that doesn’t mean we shouldn’t be realistic . Best scenario for everybody is a return to decency, normalcy, and good faith diplomacy on our side of the border.
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antivillain13 Apr 1, 2026 +8
The problem is that it’s a possible return to normalcy for 4-8 years and then there’s a high chance you elect another lunatic and we are back to this again. The US is no longer trustworthy. The rest of the world has learned that any deal signed with the US is not worth the paper it’s printed on and any deal you make will be negated on in a few years.
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Professor-Noir Apr 1, 2026 +1
I recommend checking out how the government is prioritizing each sector and how they aim to diversify. The agri food sector alone aims to drop our exports to the US to 50% (76% Is the data from 2023). Here’s a pretty good summary of the opportunities: https://www.fcc-fac.ca/en/knowledge/economics/trade-shift-diversify-food-exports Importing has already shifted and I’m seeing way more food from countries like Morocco, Australia, Chile and more.
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Major_Ad138 Apr 1, 2026 +1
Yes because that is contractually the agreement with CUSMA. It is renegotiation time. It's not out of desire. It is convenient to trade with the US. This administration used almost a century of friendship and allegiance as an extortion method. That is not logistical or economically feasible for the future. There is a reason trade became so reliant on one another. It was economically and logistically feasible at one time. It is not that time anymore. However its not about 'siding' with any nation. It's trade. If they have goods or services that are beneficial to Canada then trade is the smart move. However if trade is constantly disrupted, constantly breaking agreements, and the systems of governance in the US are no longer effectual - the US becomes a poor trading partner.
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Iambetterthanuhaha Apr 1, 2026
Canada is getting a shit trade deal with the US.....if they even get one at all.
0
Fickle-Ad-7124 Apr 1, 2026 +2
America has ensured a global economy skewed to its favour for a Century. Trumps blown that in weeks. I hate to say it, but I hope middle America that voted for this idiot feel it first. Well done, this is the Chinese century now.
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beamermaster Apr 1, 2026 +7
Middle america don't understand that they are used by billionnaires and Israel. At least 25% of the american debt is due to middle east wars.
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ruledbyoligarchs Apr 1, 2026 +4
Our oligarchs rule us with division and distraction
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DrawingDramatic1641 Apr 1, 2026 +4
is america stupid why do they still have states like that every country devides it in equal population states if there is one person in a desert state does his count matter more than 50 million from other states? can someone wxplain
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Lain_Staley Apr 1, 2026 +1
Most low population states provide agriculture + resources, representation that would be lost otherwise.
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DrawingDramatic1641 Apr 1, 2026 +2
so total votes don't matter? like in asia most people just count total people who voted not resources also how many resources are enough and equivalent to humans to make them even also california has more resources and people shouldn't it be split for equal voting grounds
2
BritishAnimator Apr 1, 2026 +1
Interestingly, if Trump drops out of NATO then the EU\\UK and other member states may take a leaf out of Canada's book on this. American imperalism and reckless behavior is really isolating them on the global stage right now, also makes them dangerous, even to allies as you know.
1
MindOk8618 Apr 1, 2026 -8
Anything but US AND China
-8
DrawingDramatic1641 Apr 1, 2026 +3
well china has huge ev solar and battery potential investments would give returns usa is in economics issues every country has shifted forex from usd to gold now
3
cubesushiroll Apr 1, 2026 -10
Sure invest more Chinese police stations here. 
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