Now that the U.S. election is over, it is time for Canada to determine how to respond.
The election resulted in Republican Donald Trump winning the presidential election race. The United States Senate will be dominated by the Republican Party. The final balance of power in the House of Representatives remains to be seen.
Whether anyone in Canada thinks this is a good or bad outcome is unimportant. The election was done by American voters and determines that country鈥檚 government.
At the same time, the results of this and any U.S. election will have a significant effect on Canada 鈥� greater than that of any other country.
The United States is Canada鈥檚 closest neighbour. The two countries share the longest international border in the world and have enjoyed a long history of tight international relations. The strong ties between the two countries mean the consequences of the Nov. 5 election will be felt in Canada.
The effects on international trade alone will make the aftermath of this election significant.
The United States has the third-largest population in the world and the largest economy. By comparison, Canada ranks 36th in population and has the ninth largest economy in the world.
The United States is by far Canada鈥檚 largest trading partner. Canada has significantly more trade dealings with the United States than with the rest of the world combined.
As of the most recent published report from the Office of the Chief Economist of Canada, we exported more than $48 billion to the U.S. and imported more than $40 billion back, out of a total exports and imports of $64 billion and $65 billion respectively.
Meanwhile the United States has more international trade with China and Mexico than with the Canada.
American decisions on trade, tariffs, import duties and related matters will have a greater effect on Canada than Canadian decisions will have on the United States.
Canada will have to take care with how it moves forward.
While some might suggest electing a right-leaning federal government, closely aligned with the U.S. federal government, this is not necessary. Neither is is necessary to elect a federal government headed by a leader with a persona and presence similar to that of Trump.
What matters far more is ensuring Canada鈥檚 government takes a wise and careful approach to international discussions with this country鈥檚 closest neighbour.
This needs to happen while still keeping Canada鈥檚 identity and unique presence on the world鈥檚 stage.
Canada and the United States have close ties, but remain two distinct countries. The long-lasting friendship will continue, but the strength of that relationship will be put to the test over the coming years.
鈥� Black Press
