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Carney, China, and the Economic Gamble Canadians Don’t See

By Kirk Farquhar

Stephen LeDrew speaks with Catherine Swift, President of the Coalition of Concerned Manufacturers and Businesses of Canada, about Canada’s economic direction and Carney’s growing push to deepen ties with China. Swift calls the idea of replacing U.S. trade with China “laughable,” noting that Canada conducts roughly 75% of its trade with the United States and only about 3% with China. The conversation examines recent agreements, uranium exports, the role of major financial players, and whether Canadian policy is being shaped by politics rather than economic reality. They also discuss anti-American sentiment, trade diversification, and the risk of recession if Canada fails to get its economic house in order. With GDP concerns mounting and businesses already hurting, Swift questions whether Ottawa has a credible long-term trade strategy. A direct conversation about trade, leadership, recession risk, and whether Canada is making a dangerous economic gamble.

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