Canada on Next Election, Harder Stance on China

September 27, 2019 | Friday

Economy

   

At the next elections, whoever takes the top job in Canada, the new government will surely have to take a harder line on China, according to some analyst. Associate professor Lynette Ong stated, "Whoever is elected will have to take a tougher stance. Public opinion (in Canada) has shifted significantly against China's favor." Meanwhile, Canadians head to the polls on October 21 to vote for a new federal government. Conservative Party's Andrew Scheer began to pull ahead of incumbent Prime minister Justin Trudeau, the Liberal leader.

Aside from that, Canada became caught up between its two largest trading partners. And this was because the U.S. and China are still in the middle of the trade war. Ong explained, "Canada has been trying not to pick sides, even though Canada and the United States are close allies, in military and economic terms." She added that Canada perceives China as a developing power which needs to engage. And this makes it challenging to navigate the current imbroglio.

Trading Partner of Canada

It's no question that the United States is the top trading partner of Canada. And the services and goods traded between the countries are summing up to an estimation of $714.1 billion in 2018. In addition to that, Canada is America's third-largest supplier of goods imports the previous year. The protectionist stance of Trump on trade has affected Mexico, Japan, China, and countries in Europe. Also on national security concerns, the Trump administration increased steel and aluminum tariffs on Canada the previous summer.

Eventually, the U.S. removed those tariffs. And it paved the way for the United States Mexico Canada Agreement - the 25-year-old NAFTA deal's updated version. Nevertheless, their bilateral trade stayed as contentious as before. On the other hand, China might be the second-largest partner of Canada. However, it accounts for a smaller percentage of the North American country's exports compared to the U.S.

   

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