Race to export beyond U.S. picks up as tariff squeeze grips Canada
Canada plans a $1 trillion, five‑year move to double non‑U.S. exports amid rising tariffs, GM layoffs, a South‑Korean partnership, and supply‑chain hurdles.
Canada’s federal government is pursuing a $1 trillion, five‑year plan to double exports outside the U.S., responding to rising tariffs that have hit the economy in early 2026. The drive is highlighted by a January‑31 2026 post by CBC analyst Peter Armstrong, which notes that General Motors will cut 500 Oshawa workers and the U.S. is targeting Canadian aerospace. Stats Canada said GDP fell in Q4 2025. A new memorandum of understanding was signed with South Korea to develop an automotive footprint, though no Korean plants exist in Canada yet. Supply‑chain hurdles – port dredging, rail capacity, and the 14‑year‑delayed Trans Mountain expansion – remain major obstacles, underscoring the need for rapid infrastructure growth.
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