🇨🇦 Carney's Trade Fantasy Meets 50 Years of Failed Diversification

Nearly 80 per cent of our exports still go to the U.S., and a new Fraser Institute study confirms that 16 free trade agreements since 1988 barely moved the needle. The only winner from decades of diversification theatre? Beijing, which absorbed virtually everything we redirected away from America. Now Carney promises a Churchill port, canola-for-EV deals with China, and European energy partnerships as if geography, infrastructure, and basic economics don't exist.

Between 1990 and 2024, non-U.S. exports crept up just seven percentage points to 24 per cent. His predecessor tried this. Every government tried this. They all failed because the U.S. is our neighbour, our language partner, our integrated supply chain, and our natural market. Carney's pivot isn't diversification—it's managed decline dressed up as sovereignty, with Communist Party trade concessions as the centrepiece.

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