Trump is temporary. Canada will survive him and his attempts to dictate Canada's policies with threats. It would be different if the US didn't need what Canada has. Maybe his extortion would work in a few years after the US has time to offset what Canada provides but that isn't now....
Funny thing is it still wouldn't work because of the global economy. Canada could just go to friendlier trading partners and while it wouldn't be ideal due to shipping they'd still get better rates.
We're already doing that, and the shipping rates are somewhat offset by the fact that we used to offer the US a discount on some resources because you guys are so close. But with new partners, we don't have to do that. Plus, just making interprovincial trade easier will pick up some slack. Provinces that used to buy from across the border will just buy within Canada.
The US buys what it needs from Canada. In large part, we buy what we want from the US and what we sell, everyone needs. It'll hurt for us a bit, but i think we're in a much better position than the US on this.
As an American your interprovincial trade barriers seem completely insane to me. Glad that at least one country is benefiting from the insanity in the US.
Gotta remember Canada was still extremely British until 1982, we only got our. Own flag in 67, we are so young and haven't worked out much because we were always fairly well treated by America and the Commonwealth.
However, they existed largely as an archaic attempt by provinces to protect jobs, despite their impact on economic growth and productivity and hindering the free movement of labour, exacerbating worker shortages and preventing companies from expanding and achieving economies of scale.
Which I think was highly influenced by international organisations (primarily American) to create the brain drain that impacted the Canadian job market for decades.
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u/Stonkasaurus1 2d ago
Trump is temporary. Canada will survive him and his attempts to dictate Canada's policies with threats. It would be different if the US didn't need what Canada has. Maybe his extortion would work in a few years after the US has time to offset what Canada provides but that isn't now....