The U.S. is Canada’s largest trading partner — and Canada is America’s largest export market. Canada and the United States are NATO and NORAD allies. Yet today the relationship has been complicated by repeated U.S. assertions that Canada should become the 51st state. Many Canadian exports to the U.S. now face tariffs of up to 35% despite the USMCA agreement which replaced NAFTA in 2019, and the administration has demanded additional trade concessions in advance of the mandatory joint review of the USMCA in July of 2026. In response, Canadian businesses and governments have removed American products from shelves and many Canadian families have cancelled their usual winter travel to sunny American destinations.
How does Canada navigate a threat from its closest military and economic partner? Can Canada maintain both its sovereignty and prosperity? Can the Canada-US relationship recover?
GUESTS:
- Flavio Volpe (In-Person)
- President of Automotive Parts Manufacturers' Association
- Jean Simard (In-Person)
- President and Chief Executive Officer of the Aluminium Association of Canada
- Lana Payne (Virtual)
- Unifor National President
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OFF-THE-RECORD: In keeping with our long tradition at the IOP to ensure honest and candid discussions of politics, all IOP study groups are off-the-record.
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Speakers and Presenters
Deputy Prime Minister Chyrstia Freeland, Fmr. Deputy Prime Minister and Minister of Finance of Canada; Economic Advisor to President Zelensky