Updated On: 08 November, 2024 11:31 AM IST | Toronto | AP
Canada is one of the most trade-dependent countries in the world, and 75 per cent of Canada's exports go to the US

Justin Trudeau. Pic/AFP
Canadian Prime Minister Justin Trudeau said Thursday he is re-establishing a special Cabinet committee on Canada-US relations to address his administration's concerns about another Donald Trump presidency. Deputy Prime Minister Chrystia Freeland, who is also the country's finance minister, will chair the committee, which also will include other top officials including ministers of foreign affairs, public safety and industry. "Following the election of President Donald Trump for a second term, the Cabinet Committee will focus on critical Canada-US issues," Trudeau's office said in a statement Thursday. Canada is one of the most trade-dependent countries in the world, and 75 per cent of Canada's exports go to the US.
During Trump's first time, his move to renegotiate the North American Free Trade Agreement, or NAFTA, and reports that he was considering a 25 per cent tariff on the auto sector were considered an existential threat in Canada at the time. Trudeau called Trump on Wednesday to congratulate him and the two discussed the new free trade deal Trump reached during his first term with Canada and Mexico, the US-Mexico-Canada Agreement, which replaced NAFTA. Ottawa will soon have to focus on a scheduled review of the agreement in 2026. Although Trump once called Trudeau "weak" and "dishonest" during his first term, ties between the two countries have remained among the closest in the world. Freeland addressed reporters twice on Wednesday in an effort to reassure Canadians. "I know a lot of Canadians are anxious. I want to say with utter sincerity and conviction to Canadians that Canada will be absolutely fine," Freeland said.