A post by @FirstSquawk on X.

Canada is pursuing a new economic independence strategy that marks a significant shift in its relationship with the United States, according to a report cited by SCMP. The move signals a deliberate effort by Ottawa to reduce its longstanding reliance on the U.S. market and diversify its economic partnerships. The strategy’s scope and specific policy measures were not detailed in the initial report. The development matters because Canada and the U.S. share one of the world’s largest bilateral trading relationships, so any reorientation could ripple across supply chains, energy and cross-border investment. What to watch next is the formal rollout of concrete measures, including trade diversification targets and any fiscal or industrial policy incentives attached to the plan.