Canada must diversify trade away from the U.S. for security reasons: Freeland - Yahoo! Finance Canada

Chrystia Freeland leaves the West Block of Parliament Hill in Ottawa on Tuesday, Sept. OTTAWA - Former deputy prime minister Chrystia Freeland says it’s important for national security reasons that Canada do everything it can to diversify trade away from the United States. During a discussion at the Council on Foreign Relations in New York on Thursday, Freeland said it’s dangerous to deepen or maintain a close economic relationship with a partner who “openly says they want to take you over.”

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In Unreliable Boyfriend, one-time finance minister and deputy prime minister Chrystia Freeland digs into how her political relationship with Justin Trudeau went from a warm face-to-face invite into public service to a cold Zoom call where he booted her from the finance role years later. While the book's "unreliable boyfriend" is the United States under U. S. President Donald Trump, readers could be forgiven for thinking the title is actually inspired by Trudeau. She enthuses about how the pair worked together on the trade file, their management of the pandemic and their rollout of national child care. Yet she also details Trudeau's slide into unpopularity, penchant for humiliating members of his cabinet, word-policing and tendency to pick on those weaker than him. While their relationship ended bitterly, she is still able to praise Trudeau for his strengths, one of which she noticed at a party in Toronto in late 2012, before Trudeau the Liberal MP became Trudeau the prime minister. At that party celebrating the launch of Freeland's book Plutocrats, her father cornered Trudeau to convey his thoughts on politics, eager to speak with "Liberal political royalty.

Carney declared the pipeline a project of national interest, smoothening its way to a single federal regulatory review process. Canada will fast track the approval process for a new proposed crude oil export pipeline to its west coast that could generate billions in revenue and boost economic growth, Prime Minister Mark Carney has said. Carney made the announcement on Thursday to fast-track the pipeline, which is a crucial part of his bid to diversify the economy away from the United States and help lessen the effect of US President Donald Trump’s tariffs. Recommended Stories list of 4 itemslist 1 of 4How was the Flydubai co-pilot who attacked his captain cleared to fly?list 2 of 4How AI is reshaping everyday life in Chinalist 3 of 4Renee Good’s family sues Trump administration over fatal ICE shootinglist 4 of 4US Supreme Court agrees to take up Trump’s ICE detention policyend of listCarney said Ottawa is officially listing the Pacific Link pipeline, which had been announced in July, as a project of national interest. That will ensure it proceeds through a single federal regulatory review process. He said Ottawa aimed to complete the process by September 1, 2027.