Canadian Prime Minister Mark Carney has characterized the nation’s economic integration with the United States as a strategic vulnerability. In a recent address, Carney argued that Canada must correct its reliance on its neighbor as the U.S. adopts protectionist tariffs not seen since the Great Depression. These measures, alongside rhetoric suggesting Canada become the 51st state, have created a "pall of uncertainty" for investors. Carney stated he will not "sugarcoat" the challenges as his government seeks to diversify trade.
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Source · Fortune
