The problem is that it’s very difficult to move from a trading partner you share a land border with to ones that you have to cross the world’s largest oceans to get to. Not just difficult, but largely undesirable. While national security might argue for diverse trading partners, short of applying extraordinary incentives business is going to go where its easy and profitable to go, and that’s the US.
Since the nineties Canada has signed and ratified 15 free trade agreements. But none of that matters when we have one of the world’s largest and wealthiest markets right next to us. Not unless we’re willing to take extraordinary measures to change that dynamic.
The problem is that it’s very difficult to move from a trading partner you share a land border with to ones that you have to cross the world’s largest oceans to get to. Not just difficult, but largely undesirable. While national security might argue for diverse trading partners, short of applying extraordinary incentives business is going to go where its easy and profitable to go, and that’s the US.
Since the nineties Canada has signed and ratified 15 free trade agreements. But none of that matters when we have one of the world’s largest and wealthiest markets right next to us. Not unless we’re willing to take extraordinary measures to change that dynamic.
Yes, of course. Those things are also all true.