N.S. premier says U.S. trade dispute a ‘wake-up call’ for economic diversification

Nova Scotia Premier Tim Houston has expressed that the recent trade dispute with the United States has served as a "wake-up call" for the province to diversify its economy. Speaking at an industry conference in Banff, Alberta, Houston emphasized the need to expand trading partners, particularly in sectors such as seafood and agriculture, as the U.S. market remains crucial.

However, he also stressed the importance of becoming more self-sufficient, especially in the energy sector. Houston has been advocating for increased mining development, natural gas drilling, and a large offshore wind project, known as Wind West. The potential Canada-U.S. trade deal was discussed during Houston's visit, but details were not disclosed.

Premier Susan Holt of New Brunswick and Premier Rob Lantz of Prince Edward Island chose not to comment until more information on the trade deal became available. Houston highlighted the significance of the experience, stating that it has taught Nova Scotia the importance of diversification and promoting local opportunities.