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Amid further strains in the Canada-U.S. trading relationship, Prime Minister Mark Carney is leading a push to diversify and expand our potential trade partners and Europe appears to be his next big target.
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But after a week of fanfare around Carneys address to the European Parliament and talk of Canada becoming an associate member of the European Union, Canadians are left to wonder what all of this actually entails. National Post columnist Ben Woodfinden joins host Rob Breakenridge for a closer look at Carneys European strategy and the many unanswered questions about what it actually means in practice.
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As Woodfinden notes, no one on either side seems entirely sure what it would mean to be an associate E.U. member, and that such an arrangement could potentially have implications for Canadian sovereignty. Instead, Woodfinden argues we should build on our existing trade deal with the E.U. and prioritize the development and infrastructure that could facilitate a boost in exports to Europe: energy, pipelines, critical minerals, and greater port capacity.
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