Commentary
As Canada’s industries reel under ever-changing tariff burdens applied by U.S. President Donald Trump on Canadian products, it becomes clear that Canada must diversify its customer base for exports. The United States will always be Canada’s primary trading partner due to its size and proximity, but Canada will remain vulnerable to protectionist actions from presidents if it refuses to expand its capability to develop resources and deliver products to overseas customers.
It’s not for lack of demand that Canada is having difficulty in developing its resource export market. To the West, the growing economies in Asia which are democratic allies are hungry for Canadian products from lumber to oil and gas, to coal, to metals. To the East, European nations are seeking alternative sources of resources so they can reduce their dependency on Russian resources. Canada’s worst enemy in exploiting these opportunities has been itself….