The United States and Canada are at an impasse on trade. Amid rising trade tensions, former Bank of England Governor Mark Carney rode a wave of nationalism to the Canadian premiership, with promises of “standing up for Canada” and “ensuring a good deal” for the country. Meanwhile, many in Washington believe Canada needs the US more than the US needs Canada. But is that assumption accurate? Are policies that encourage Canadian nationalism the only viable response?
A new report from the Center for North American Prosperity and Security (CNAPS), The Grand Bargain: The Path to Prosperity, Security and Strength, proposes a broader framework. Rather than focusing narrowly on tariffs, the report recommends expanding talks to include critical minerals, metals, and energy. It also urges the two countries to resolve lingering issues, from military burden-sharing to border enforcement.
Join Hudson Senior Fellow Matt Boyse for a discussion with former Canadian Minister for Trade and Economic Development Ed Fast and CNAPS Executive Director Jamie Tronnes, as they explore a new path forward for US-Canada relations and what other allies can learn from the process.