Trade war may create ‘historic turn’ for Canada as separate economy from U.S., say economists

Canada needs a national strategy intended to boost investment, business development and manufacturing in Canada, according to economist Jim Stanford.

Prime Minister Justin Trudeau arrives at the West Block on Feb. 1, 2025, for a press conference on the government’s response to U.S. President Donald Trump's tariffs on Canadian imports.The Hill Times photograph by Andrew Meade

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BY JESSE CNOCKAERT

February 24, 2025

Canada may need to promote itself as an economy separate from the United States in order to avoid long-term economic damage, regardless of how the current trade war unfolds, some economists argue.

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