• merc@sh.itjust.works
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    7 days ago

    There’s a recent article about trade:

    https://www.cbc.ca/news/business/canada-trade-oct-2025-9.7037913

    Exports to the US are still 2/3 of all Canadian trade. Canada’s exports around the world did increase significantly in percentage terms (up 15.6%). But, because 2/3 of all Canadian exports are to the US, the fact they were down 4.1% is a major issue.

    As for booming tourism, I don’t know where you’re getting that statistic. International tourism overall is down 1.1% overall. Canadian residents are doing more tourism within Canada, but far fewer Americans are visiting, so overall things are down slightly.

    In the long run Canada may be less dependent on the US, which is a good thing. But, it’s hardly a boon for the economy for the previously low-friction relationship to now be high-friction.