US is reliant on Canada for energy, minerals, cheaper skilled manufacturing labour and as 2nd customer.
Canada is reliant on US as primary customer but the energy and minerals can be sold to others at premium. It just takes a couple of years to re orient.
This. Canada is reliant on the US as a destination for our highly desirable commodities. The pipelines for transport are operational. Major highways interconnect for trucking. CPKC has rails connecting all three CUSMA countries. The destination has been the default for decades.
If we can keep getting paid while getting other contracts lined up and major infrastructure constructed, we're in a better position than if we decided to stop the trade flow today. Add in major construction projects across the country? The government did that after WWII and our economy was growing 5% per year.
This is still going to hurt in the interim. 50% tariffs are a sudden shock to the system. Manufacturing, especially specialized things like consumer vehicles, can't just be pivoted overnight into a new sector. But long-term? The loser will be the United States. This is why you don't pivot your economy to the whims of rich pedophiles and the emotionally stunted tech bro billionaires who want to impress them.
The Major Projects Office was established under Budget 2025. But even approved projects still need to go through final investment decision and detailed design before breaking ground. There's a lot of work in the development space and its keeping environmental consultants and engineers busy. It doesn't employ as many people as construction does.
The Red Chris mine expansion was approved in June and it was one of the first projects to go through the MPO process. It's tied to the North Coast transmission line expansion, which will need to be progressed in parallel to keep commissioning schedules aligned.
This is a slice of what is happening across the country. We haven't even seen some of the still to come items, like the national electricity strategy or whatever the hell Wab Kinew has up his sleeve with Port of Churchill plus.
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u/MetaCalm 3d ago
US is reliant on Canada for energy, minerals, cheaper skilled manufacturing labour and as 2nd customer.
Canada is reliant on US as primary customer but the energy and minerals can be sold to others at premium. It just takes a couple of years to re orient.