analysis

Prime Minister Mark Carney set a goal for Canada to double its non-U.S. exports in the next decade, saying American tariffs are causing a chill in investment.

The Associated Press

In the fall of 2018, the federal government set a goal of increasing overseas exports by 50 per cent by 2025 in a bid to reduce Canada’s longstanding overreliance on the U.S. market.

It reached that goal last year , with the value of non-U.S. trade hitting $296-billion compared to $195-billion seven years before, thanks in large part to a surge in oil and gold exports, alongside a jump in foreign students from India studying in Canada, which is counted as a services export.

Ottawa is now trying to repeat this trick – and then some.

On Wednesday evening, Prime Minister Mark Carney said his gover

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