PRIME MINISTER MARK CARNEY VOWS TO DOUBLE CANADA’S NON-US EXPORTS, SAYS NATION CAN’T DEPEND ON AMERICA (PHOTO).

 Prime Minister Mark Carney vows to double Canada’s non-US exports, says nation can’t depend on America 

Prime Minister Mark Carney announced that Canada will aim to double its non-U.S. exports within the next decade, warning that growing American tariffs and trade uncertainty are threatening Canada’s economy and investment climate. Ahead of his government’s upcoming budget release on November 4, Carney said that while Canada’s long-standing economic reliance on the United States was once a strength, it has now become a vulnerability. He pointed to the impact of U.S. tariffs on key industries such as automobiles, steel, and lumber, stressing that Canadian businesses are delaying major investments due to the instability in cross-border trade relations.

Carney emphasized that Canada must reduce its dependence on the U.S., saying that the era of economic integration between the two nations has effectively come to an end. “The U.S. has fundamentally changed its approach to trade, raising tariffs to levels last seen during the Great Depression,” he said, adding, “We have to take care of ourselves because we can’t rely on one foreign partner.” While Carney continues to negotiate with President Donald Trump to ease trade tensions, the economic damage from tariffs has already rippled through major export sectors. More than 75% of Canadian exports currently go to the U.S., but Carney said his government is now pursuing deeper trade relationships with India and China. He also highlighted Canada’s vast natural resources, calling the nation an “energy superpower” with significant reserves of oil, gas, and critical minerals crucial to U.S. national security. Carney acknowledged that reducing reliance on the U.S. will be a difficult and gradual process, requiring “sacrifices and time” as Canada reshapes its global trade strategy.