There is something almost too convenient in how quickly Canadians point south when discussing unpredictability in trade. Yes, Donald Trump has long been synonymous with volatility. But focusing solely on Washington risks missing a more uncomfortable truth: Ottawa has become just as difficult to read.

Under Mark Carney, Canada’s posture toward the United States has shifted with surprising speed — less theatrical than Trump’s, but no less consequential. In April 2025, we were promised a renewed economic and security partnership. By the summer, we were told the existing deal was already the best possible outcome. Fast forward to April 2026, and suddenly our reliance on the U.S. is framed as a strategic weakness. All of this, notably, after months without meaningful engagement or negotiation.

CHARLEBOIS: Which CUSMA strategy is it this week, PM Mark Carney? Back to video

That messaging matters. Especially when delivered in a widely viewed address, suggesting that CUSMA — the backbone of North American trade — is somehow on life support. It leaves the industry asking a basic question: What exactly is the plan?

The revival of a Trudeau-era advisory council might suggest renewed seriousness. And to be fair, its composition is more balanced........

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