There are some areas where Canada has real leverage. It has rare-earth minerals that the U.S. covets. Cars produced in Michigan and Ohio rely on Canadian parts. It’s by far the largest foreign supplier of energy to the U.S. These exports are made possible by physical infrastructure — pipelines, grids, power lines — that are hard to replace quickly.

Canada's Prime Minister Mark Carney said China has become a more predictable partner to deal with than the U.S., the country's neighbor and longtime ally.​

Donald Trump has claimed “Canada lives because of the United States”, hitting out at prime minister Mark Carney during his speech to world leaders in Switzerland. The U.S. president addressed the World Economic Forum in Davos Wednesday,

U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.

Canadian Prime Minister Mark Carney spent much of his first six months in office trying to persuade the U.S. to lower tariffs on Canadian goods. With hopes for a speedy resolution now dashed, Carney is turning to America’s biggest rival, China.

"The Board of Peace is withdrawing its invitation to you regarding Canada’s joining, what will be, the most prestigious Board of Leaders ever assembled, at any time,” Trump wrote in response.

TORONTO — CIBC Capital Markets says Canada's economy is seeing less of a K-shaped pattern in consumer spending compared to the U.S., and while that might appear to be good news, it could actually point to larger issues.