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Canada's economic strategy under Carney faces criticism for lack of progress
Photo: nationalpost
2026-07-18 16:49   Politics   10

Canada's economic strategy under Carney faces criticism for lack of progress

Conrad Black's article critiques Prime Minister Mark Carney's failed efforts to reduce Canada's economic dependence on the United States.Despite public pledges to diversify trade relationships, the U.S.remains Canada's largest export market and import source, accounting for 68% of exports and 56% of imports.

Black argues that Carney's attempts to court China and Europe have yielded minimal results, as China's economy stagnates and its population declines.The author highlights the U.S.

's continued dominance in energy production and its strategic alliances in Latin America, suggesting Canada must adopt growth-oriented policies rather than pursue a 'middle power' revolt.Black also addresses geopolitical shifts, noting the U.S.'s influence over Venezuela and Syria, while warning of Europe's potential collapse due to demographic and political challenges.

The piece calls for Canada to prioritize national defense, reduce trade barriers, and embrace strategic partnerships to emerge from its historical reliance on the U.S.

Full reading at nationalpost

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