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FINLAYSON: Carney should fix problems in Canada’s own backyard to spur trade and investment

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04.03.2026

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FINLAYSON: Carney should fix problems in Canada’s own backyard to spur trade and investment

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Faced with an erratic U.S. president who demonstrates a fondness for coercive and protectionist trade policies, Prime Minister Mark Carney is determined to lessen Canada’s heavy dependence on the huge American economy. To that end, the prime minister has set goals to double Canada’s non-U.S. exports by 2035 and forge stronger commercial and political ties with countries in Europe and Asia. At the same time, his government is pushing to attract hundreds of billions of dollars of private-sector investment in infrastructure development, the energy and natural resources sector, and other export-focused Canadian industries.

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