""Canada isn't waiting around for the US to reverse its tariffs," she said. "The Canadian prime minister, Mark Carney, and Canadian investors are clearly looking elsewhere for the country's economic future - particularly towards Europe and China.""
""This isn't just a portfolio adjustment - it reflects a broader reassessment of risk," she explained. "Ongoing tariff uncertainty has made US exposure less predictable, while Europe is being seen as a more stable destination for long-term capital.""
Canada is reshaping its global trade and investment strategy in response to continued US tariffs. Investors and policymakers are increasingly directing capital toward Europe and China instead of waiting for a US policy reversal. Official data show Canadian investors acquired $15.2bn in foreign equity securities in November, with more than $8.9bn flowing into European equities, the highest monthly investment in non‑US shares since April 2022. Diplomatic engagement with China produced agreements to lower levies on selected goods. Tariffs on Chinese electric vehicles entering Canada will fall to most favoured nation (MFN) rates, encouraging diversification of imports and capital allocation.
Read at Business Matters
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