Alberta separatists say Canada-U.S. trade war bolsters calls for independence
Separatist leaders are incorporating the trade war into their messaging says an academic tracking their activity
The escalating trade war between Canada and the United States could fundamentally reshape cross-border commerce, potentially marking the end of an era of expanding economic ties, experts warn. New tariffs and the growing uncertainty surrounding the U.S. as a trading partner are prompting Canadian firms to seek alternative markets and forge new trade agreements, according to investment strategist Peter Schiff.
“As Canadian companies end up having to invest more in logistics or infrastructure to service other markets, it may be more lucrative to pursue those relationships,” Schiff added. The shift away from the U.S. might intensify further if the U.S. dollar weakens, rendering the southern neighbor less appealing as a trading partner. While American corporations will likely continue trading across the border when practical, the more businesses are compelled to discover new markets, the more attractive those markets will become.
Prof. Drew Fagan of the University of Toronto’s Munk School of Global Affairs and Public Policy concurs, stating that a lasting change is inevitable. “The permanence isn’t just because of the tariffs that were imposed. It’s also a shift in mentality and a more protectionist, nationalist United States,” he explained. Canada’s historical dependence on the U.S. stemmed from convenience, shared values, and deep cultural ties.
Although the U.S. remains a formidable competitor, some opportunities in that market are diminishing. However, Canada will continue to cultivate ties with other nations.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
