Canada is feeling the heat and flirting with the EU
Forget the 51st state rumors; Canada is looking for a new best friend across the Atlantic.
It turns out that when your biggest neighbor starts talking about turning your country into a state, you start looking for an exit strategy. After the Wall Street Journal leaked rumors about Canada gunning for an EU membership, Prime Minister Mark Carney Carney quickly did some damage control. He claims it's not a formal membership, but rather a unique alliance.
Basically, Canada is trying to pivot its entire trade game away from the United States, which currently swallows 72% of their exports. They’re eyeing potential pipeline projects to ship natural gas to Europe and bypass the current Trump-era trade drama. It is a massive shift, especially with Donald Trump Trump actively sparking trade wars and renaming landmarks.
Moving an entire economy across the ocean because the neighbors are getting weird is a bold strategy.
Source: BBC
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