Canada buys record US Treasuries while PM pushes to cut US trade reliance

PM of Canada Mark Carney:

"Our objective is to double our non-U.S. exports this decade."

'We need to build new trade relationships in order to move from reliance to resilience."

"We are diversifying our trade and attracting massive new investment… We are forging new… https://t.co/Wt5ntznwBr

— Shazi (@ShaziGoalie) July 15, 2026

So much for lessening of US dollar exposure. Buying Treasuries is not trade it is financing. Overseas trade bad for oceans and environment angle misses the point on financial dependence.