A number of U.S. President-elect Donald Trump’s focus areas could have major ramifications for Canada, and as America’s northern neighbour and closest ally, Canada could be witness to significant U.S. foreign policy changes and global alliance implications.
In his third presidential campaign, Trump focused on promises around boosting the U.S. economy and reducing inflation, whether through renegotiating free trade in North America, imposing tariffs, or cutting taxes.
Trump has also taken a hard line against illegal immigration, promising massive deportations. Increasing U.S. oil production and negotiations with OPEC nations could also affect global oil prices and by extension Canada’s energy-rich provinces. Trump’s insistence on allies’ defence spending commitments will have major financial impact on Canada as well….