The Canadian economy is too dependent on the US, the country’s industry minister said, as she vowed to protect jobs in its export-focused automotive sector.
(Bloomberg) — The Canadian economy is too dependent on the US, the country’s industry minister said, as she vowed to protect jobs in its export-focused automotive sector.
The government is working on a new industrial strategy that seeks to open new markets for exporters and prioritize domestic procurement in the face of US tariffs, which have hurt steel, aluminum, forestry and automotive companies, Melanie Joly said in an interview aired by Canadian Broadcasting Corp. on Sunday.
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Joly attended meetings at the White House on Oct. 7 between Prime Minister Mark Carney and US President Donald Trump. The meeting produc