Conservative Leader Pierre Poilievre delivered a speech at the Economic Club of Canada in Toronto, addressing Canada’s stance towards the Trump administration. Poilievre criticized President Donald Trump’s trade and tariff policies, emphasizing the importance of focusing on what Canada can control.
Highlighting a quote from Roman emperor Marcus Aurelius, Poilievre stressed that Canadians have power over their minds but not external events. He emphasized that while Canada cannot influence foreign presidents’ decisions, it can control the strength of its own economy by focusing on internal factors.
Poilievre outlined key strategies for Canada, including shaping trade relations with China and India, navigating the upcoming CUSMA review, diversifying trade, and strengthening the military. He criticized Trump’s policies, stating that the trade surplus does not exploit the U.S. and highlighting Canada’s contributions and sacrifices to the American cause.
Expressing opposition to Trump’s annexation threats, Poilievre underscored the importance of maintaining Canada’s sovereignty. He proposed strategic partnerships for critical minerals reserves to bolster national security and support allies during crises.
Regarding the CUSMA review, Poilievre advocated for tariff reductions on key sectors, such as steel, aluminum, autos, and softwood lumber. He emphasized the need for a new tariff-free auto pact with the U.S. and Mexico to safeguard North American industries against Chinese competition.
Poilievre called for exemptions from “Buy American” policies, discussions on the Keystone XL pipeline, and leveraging goodwill between Americans and Canadians during negotiations. He cautioned against severing ties with the U.S. in favor of alliances with China, reiterating the importance of maintaining strong relationships with existing trade partners.
In domestic policy, Poilievre proposed changes to government subsidies and tax incentives to protect Canadian intellectual property and technologies. He emphasized the significance of responding effectively to challenges and leveraging Canada’s strengths for future success.