Ford urges president-elect Trump to ‘bet big’ on Ontario-U.S. trade
Premier Doug Ford congratulated U.S. president-elect Donald Trump in a statement Wednesday that also pitched continued economic co-operation between Ontario and its southerly neighbour.
“Ontario and the United States share one of the most important and enduring friendships in the world, built on strong economic ties, shared values, national security interests and integrated supply chains,” Ford said.
“Millions of workers on both sides of the border are counting on our governments to maintain and build our economic partnership, pursuing shared opportunities in manufacturing, energy and critical mineral development,” he said.
Trump, 78, will become the 47th president of the U.S. after beating Democratic candidate Kamala Harris in Tuesday’s election, completing an unlikely political comeback after losing the White House in 2020.
Trump’s second term in office could have profound consequences for Canada, particularly when it comes to trade.
The former president, real estate developer and game show host campaigned on a minimum 10 per cent global tariff on all imported products to the U.S. Sources previously told CBC News that Trump’s camp has offered no assurances of a reprieve for Canada.
Some experts have projected such a policy could see a five per cent loss in Canada’s GDP.
The impact could be especially felt in Ontario, which, if it were a country, would be the U.S.’s third-largest trading partner. Two-way trade between Ontario and the U.S. totalled $493 billion in 2023, according to the province. Ontario was the top source of imports in the world for 17 states, sending $52.9 billion in goods to neighbouring Michigan alone.
In recent appearances and in his Wednesday statement, Ford called for a “Buy Can-Am” approach to protect jobs on both sides of the border.
“I am optimistic about the opportunities that lie ahead for more trade and co-operation between Ontario and the United States,” Ford said.
“Now is the time to bet big on the U.S.-Ontario relationship.”
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