The True Post (Web News) Mark Carney on Wednesday unveiled an ambitious economic vision signaling a major shift in national direction. His pledge to double Canada’s non-U.S. exports within the next decade underscores Ottawa’s intent to reduce dependence on the United States and embrace a more independent global role.
Carney’s announcement comes amid growing uncertainty caused by former U.S. President Donald Trump’s trade policies, which disrupted North America’s long-standing economic partnership. As Carney noted, “Ties with the U.S. that were once our strength are now becoming our weakness,” reflecting a new reality that demands diversification, innovation, and competitiveness.
He acknowledged that the transition “will not be easy or quick,” emphasizing that real change requires sacrifice and time. Despite fiscal constraints, the government plans to maintain key social programs such as dental care, child support, and school meal initiatives, while accelerating investment in infrastructure, housing, and workforce skills a shift toward productive, not debt-driven growth.
However, a recent Desjardins report warned that the federal deficit could exceed $70 billion, potentially becoming the largest in 30 years (excluding crisis years). Carney must now convince Canadians and the opposition that this deficit reflects strategic investment, not fiscal recklessness.
Addressing the nation’s youth, Carney said, “This is our country your future and we’re giving it back to you.” His words capture the essence of a new Canadian era, one driven by innovation, self-reliance, and global ambition, as Canada steps out of America’s shadow to play to win on the world stage.
