The United States decided to throw the North American Free Trade Agreement out the window and impose tariffs on Canadian and Mexican goods.
This could mean interesting and hard times ahead. The Canadian economy is very dependent on selling to the United States. Consider this a wake up call for Canada to expand its customer base. The question will be if we as citizens are prepared for the economic pain that may mean. We have had all our eggs in one basket for a long time.
It also may be advantageous for Canada to expand it’s own manufacturing of products. Something we have always been poor at, instead happy to export raw resources elsewhere to be processed.
Regardless, nothing is going to happen overnight, except, of course, the tariffs.
The Whitehouse says the tariffs are necessary in Canada due to fentanyl and people entering the United States through the northern border. Although the problem is minuscule compared to the southern border it doesn’t mean we can’t do better, and we will and have put in measures to do so.
The underlining truth is the White House may see tariffs as a way to pay down their massive deficit. Fentanyl and people entering the United States illegally probably has nothing to do with implementing tariffs. Just as weapons of mass destruction had nothing to do with Bush, Cheney and Rumsfeld justifying invading Iraq.
Canadians may have to exercise our own, often understated yet proven, resilience and patriotism to weather the coming storm.
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AND speaking of the weather! Our mild winter continues. A bit of blowing snow. Swans in the wetlands seem early to arrive, maybe they are holdouts. The clouds continue to push down. It would be nice to see some blue sky this season.