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Osama Kamal: Canada Steps Back from US Dependence
The relationship between Canada and the United States has entered a new phase, as Canada reduces its reliance on American products and is increasingly changing its suppliers. This shift reflects its awareness of the political and economic risks associated with excessive dependence. The economic ties between the two countries, which began with the Free Trade Agreement in 1988, have evolved into a trade valued at approximately $872 billion annually, with significant overlap in products and markets. However, Canada is now taking steps to lessen its dependence on the American market to avoid future economic and political risks.
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