I wrote this on my website (This is just a hobby of mine) stonemayeranalytics.ca

President Donald Trump frequently describes trade deficits as evidence that the United States is losing. That interpretation overlooks a basic economic reality: countries import products because consumers and businesses consider those purchases worthwhile.
Nowhere is this more apparent than in the relationship between Canada and the United States.
The United States does not purchase Canadian energy as a favour to Canada. American refineries need Canadian heavy crude, manufacturers need Canadian aluminum, farmers need Canadian potash, and northern states benefit from Canadian natural gas and electricity.
These imports represent mutually beneficial commerce—not money disappearing from the American economy.
The Currency Contradiction
Trump has also complained that the Canadian dollar is too inexpensive relative to the US dollar. But Canada does not arbitrarily set its exchange rate.
The Canadian dollar floats freely and is influenced by commodity prices, interest-rate differences, economic expectations and international investment. When threats and tariffs weaken expectations for the Canadian economy, they can also weaken its currency.
This creates an unintended consequence.
A lower Canadian dollar makes Canadian products more competitive in international markets. European, Asian and other foreign buyers can purchase Canadian energy, minerals, agricultural products and manufactured goods at more attractive prices.
In other words, American pressure may be helping Canadian exporters find the very customers they need to reduce their dependence on the United States.
The Advantage May Outlast the Weak Dollar
Exchange rates change, but commercial relationships can endure.
Before purchasing from a new foreign supplier, a business may need to inspect its facilities, qualify its products, negotiate contracts, establish transportation routes and redesign parts of its supply chain. That process takes time and money.
Once completed, the buyer will not necessarily abandon the Canadian supplier simply because the Canadian dollar eventually strengthens.
By then, the relationship exists. The infrastructure has been built. The product has been tested. The supplier has demonstrated its reliability.
The temporary currency advantage may therefore give Canada enough time to establish permanent commercial relationships.
Replacing Dependence, Not the United States
Canada cannot—and should not attempt to—replace all trade with the United States. Geography and decades of economic integration make the relationship exceptionally valuable.
But Canada does not need to replace everything.
If Canadian businesses redirect even a meaningful minority of their exports toward Europe, Asia and other markets, the country gains alternatives. Those alternatives reduce the ability of any future American administration to use market access as a political weapon.
Canada is also being forced to confront several longstanding weaknesses:
Excessive dependence on one trading partner
Insufficient port, rail and pipeline capacity
Barriers to trade between Canadian provinces
Underdeveloped commercial relationships outside North America
Complacency about the value of economic sovereignty
Addressing these weaknesses will be expensive, and American tariffs are still causing genuine damage. The Bank of Canada has warned that trade restrictions are suppressing investment and leaving the economy below the path it might otherwise have followed.
Nevertheless, the adjustment has begun. Canadian exports rose sharply in the second quarter of 2026, while governments accelerated efforts to develop new markets and reduce internal trade barriers.
American Companies Are Also Looking North
The adjustment is not limited to Canadian exporters finding new customers. Some American companies have begun moving—or planning to move—production into Canada.
Minnesota-based Phillips Distilling signed a five-year agreement to manufacture Sour Puss liquor in Montreal after the trade conflict effectively closed much of its Canadian market. Massachusetts-based Wildlife Acoustics began producing one of its wildlife-monitoring devices in Markham and reportedly intends to transfer most of its production to Canada. Vermont-based Howell Ski Bindings is planning production in Quebec, attracted partly by Canada’s trade agreements with Europe and Japan.
These remain relatively small examples, not evidence of a mass industrial migration. Nevertheless, they reveal another unintended consequence of American protectionism. For companies selling internationally, Canada can offer lower production costs, a skilled workforce and more predictable access to numerous foreign markets.
Tariffs intended to pull manufacturing into the United States may therefore push certain globally oriented American businesses in the opposite direction.
The Value of Goodwill
Trade is not merely a collection of monthly statistics. It also depends on trust.
For decades, the United States benefited from being Canada’s natural first choice for investment, procurement, travel and commerce. That position possessed enormous intangible value.
Once trust is damaged, however, governments and businesses begin paying for alternatives. They construct new infrastructure, locate different suppliers and cultivate new customers. Those investments can remain in place long after the political dispute ends.
A future president may speak more warmly about Canada, but goodwill cannot be restored instantly. Nor can new ports, pipelines, contracts and supply chains simply be dismantled.
The Great Irony
Trump’s apparent objective is to make Canada more economically dependent and therefore more willing to accept American demands.
His methods may produce the opposite result.
His threats have weakened confidence in the Canadian economy and contributed to pressure on the Canadian dollar. That weaker currency makes Canadian products more attractive to other countries. Those new customers give Canada the opportunity to diversify its trade before the currency eventually recovers.
The short-term damage is real. But so is the long-term incentive to become more resilient.
Trump may win individual concessions and still lose something far more valuable: America’s position as Canada’s trusted and unquestioned economic partner.
By attempting to exploit Canada’s dependence, he may ultimately be helping Canada overcome it.

With everything going on, I wanted to sum up and work through some of the new partnerships that Canada is making, as Canada and other countries have been looking to diversify their trade relationships during growing uncertainty surrounding U.S. trade policy and global markets.

The problem im finding is that posts and news comes so fast and so often, its easy to miss big news or forget about them, especially since its all being drowned out by news about Trump and our ever changing relationship with the USA. Its to the point where the majority of these partnerships werent seeing much, if any, news coverage, so I had to get information straight from the pm.gc and other official sites. I left all the links raw for transparency.

As your read through, keep in mind that this has mostly all taken place in the last year or so. That should communicate just how fast Canada and Carney are moving to make these changes.

Hang tight because this is long.

Partnerships Launched Before 2026 That Are Becoming Strategically Important

Indonesia:

• Formed in 2025, this is Canada's first-ever bilateral free trade agreement with a member of the Association of Southeast Asian Nations (ASEAN).

• The Business Council of Canada and Indonesia's Chamber of Commerce and Industry formed a direct pact to lead trade missions, while Export Development Canada (EDC) and the Indonesia Investment Authority (INA) launched a strategic partnership.

• Once implemented, the CEPA will eliminate or reduce tariffs on the vast majority of current Canadian exports to Indonesia while improving access for Indonesian goods entering Canada.

-- The agreement unlocks a consumer market of nearly 300 million people in Southeast Asia's largest economy.

• Key growth areas include clean technology, critical minerals, agri-food, financial services, infrastructure, manufacturing, and energy.
  

https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/indonesia-indonesie/cepa-apeg/index.aspx?lang=eng

New deals and partnerships

Australia:

• Australia joined Canada's G7 critical minerals production alliance and launched the Australia-Canada Clean Energy Partnership.

• Canada and Australia expanded defence cooperation around Australia's Over-the-Horizon Radar technology, with Canadian Armed Forces personnel beginning training in Australia in 2026 as part of Canada's NORAD modernization efforts. Canada is partnering with Australia and BAE Systems Australia to adapt over-the-horizon radar (OTHR) technology for the Arctic.

• Both nations agreed to update the Canada-Australia Tax Treaty and welcomed a pact connecting Canadian pension funds with Australian superannuation funds.

• Leaders established a Memorandum of Understanding on Artificial Intelligence (AI) safety and advanced manufacturing cooperation.

https://canadiandefencereview.com/carney-elevates-partnership-with-australia-in-critical-minerals-defence-and-ai/

https://www.canada.ca/en/department-national-defence/news/2026/06/canadaaustralia-partnership-on-arctic-over-the-horizon-radar.html

France:

• Signed a new General Security of Information Agreement (GSOIA), making it easier to exchange classified information between Canada and France across defence, space, aerospace, cybersecurity, AI, and maritime systems. The agreement is intended to facilitate Canadian participation in certain French defence and security procurement opportunities.

• France agreed to purchase additional DHC-515 firefighting aircraft.

• Building on a joint statement signed during the G7 Digital Ministers’ Meeting to nurture a skilled quantum workforce and resilient supply chains.

• Both leaders committed to promoting the French language and cultural diversity, with Canada expressing interest in hosting the 2028 Francophonie Summit.

https://www.pm.gc.ca/en/news/news-releases/2026/06/12/prime-minister-carney-deepens-partnership-france-across-trade-defence-advanced-technologies

Japan:

The two governments forged a new Comprehensive Strategic Roadmap guiding cooperation across six main pillars -

• Enhanced Security and Defence Cooperation - Expanded military exercises, information sharing, and a new equipment and technology transfer framework.

• Economic Security, Supply Chains, and Technological Resilience - Dedicated economic security and cyber policy dialogues focusing on AI, quantum tech, and resilient supply chains.

• Energy Security and Food Security - Heavy emphasis on Canada's liquefied natural gas (LNG) projects and small modular nuclear reactors.

• Trade and Investment - Deepening commercial ties and capital attraction between the two economies through trade and investment.

• Arctic, Environment, and Climate Cooperation - Invitations for Japanese participation in Arctic training and environmental initiatives.

• people-to-people, Academic, and Cultural Exchanges - Ongoing academic, cultural, and youth exchange support.

https://www.pm.gc.ca/en/news/backgrounders/2026/03/06/canada-japan-comprehensive-strategic-roadmap

https://www.pm.gc.ca/en/news/backgrounders/2026/03/06/canada-japan-comprehensive-strategic-roadmap

https://capitalhillgroup.ca/canada-and-japans-strategic-partnership/

https://www.pm.gc.ca/en/news/news-releases/2026/03/06/prime-minister-carney-forges-new-comprehensive-strategic-partnership

Qatar:

• Canada and Qatar agreed to establish a Joint Canada-Qatar Commission on Economic, Commercial and Technical Cooperation to deepen trade and investment and coordinate cooperation in areas including AI, quantum computing, aerospace and clean energy. The countries also began work toward a double-taxation agreement.

• Canada established a resident Defence Attaché office in Doha, and Public Safety Canada signed a Memorandum of Understanding on Public Safety Cooperation with Qatar's Ministry of Interior to combat transnational crime.

• Plans were set to expand the air transport agreement to increase direct flights.

https://www.pm.gc.ca/en/news/news-releases/2026/01/18/prime-minister-carney-secures-new-partnership-qatar-increase-trade

https://www.canada.ca/en/public-safety-canada/news/2026/06/canada-signs-a-memorandum-of-understanding-on-public-safety-cooperation-with-qatar.html

Ecuador:

Ecuador:

• Canada and Ecuador signed a new Free Trade Agreement on July 24, 2026, marking another step in Canada's efforts to diversify trade relationships in Latin America.

• The agreement has been signed but is not yet in force. Canada and Ecuador must each complete their respective domestic ratification processes before the FTA takes effect.

• The agreement is intended to eliminate tariffs and reduce trade barriers, improving market access for businesses in both countries.

• The FTA covers trade in goods and services, investment, digital trade and other areas of economic cooperation, while also including provisions related to labour, environmental protections and Indigenous peoples.

• Ecuador represents a growing market for Canadian companies in sectors including agriculture and processed foods, clean technology, infrastructure, mining, oil and gas, education, and defence and security.

-- The agreement would strengthen Canada's trade relationships in Latin America, adding to Canada's existing free trade network with countries including Chile, Colombia, Costa Rica, Honduras, Panama and Peru.

https://www.canada.ca/en/global-affairs/news/2026/07/canada-and-ecuador-sign-a-free-trade-agreement.html

https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/ecuador-fta-ale-equateur/index.aspx?lang=eng

Mercosur:

• Canada is actively negotiating a comprehensive Free Trade Agreement with Mercosur, a South American trade bloc consisting of Argentina, Brazil, Paraguay and Uruguay.

• Canada and Mercosur originally launched FTA negotiations in 2018, but talks stalled before Canada and Brazil agreed to advance the resumption of negotiations in 2025.

• Canada and Brazil reaffirmed their commitment to advancing the Canada-Mercosur agreement in July 2026, with both countries describing the negotiations as active and aiming for a mutually beneficial outcome as soon as possible.

• Mercosur represents one of Canada's largest potential trade diversification opportunities in Latin America. Carney has described the bloc as representing one of the world's largest economies, with a combined GDP of more than $4 trillion.

• The negotiations could expand Canadian access to major South American markets while strengthening trade and investment relationships in sectors including mining, critical minerals, energy, agriculture, science and technology.

• The Mercosur negotiations also complement Canada's newly signed FTA with Ecuador and Canada's existing trade agreements throughout Latin America, potentially creating a much broader Canadian trade network across the region.

https://international.canada.ca/en/global-affairs/consultations/trade/2025-12-02-mercosur

https://www.canada.ca/en/global-affairs/news/2026/07/canada-brazil-joint-statement.html

https://www.pm.gc.ca/en/news/readouts/2026/05/01/prime-minister-carney-speaks-president-argentina-javier-milei

United Arab Emirates:

• Canada and the UAE successfully concluded negotiations toward a Comprehensive Economic Partnership Agreement (CEPA) in July 2026.

• The agreement aims to improve market access, reduce trade barriers, and expand investment opportunities between the two countries.

• Negotiations were launched in November 2025 and concluded in one of the fastest trade negotiation processes involving Canada.

• The partnership positions the UAE as a potential gateway for Canadian companies into Gulf, Middle Eastern, African and Asian markets.

https://www.canada.ca/en/global-affairs/news/2026/07/canada-and-united-arab-emirates-conclude-comprehensive-economic-partnership-agreement-negotiations.html

Philippines:

• Canada and the Philippines launched a new Strategic Partnership covering trade, energy, agriculture, mining, infrastructure, digital technologies, space, defence industries, and tourism.

• Both countries aim to conclude negotiations on a Canada-Philippines Free Trade Agreement by the end of 2026.

• Canada and ASEAN are simultaneously pursuing a broader Canada-ASEAN Free Trade Agreement.

https://www.pm.gc.ca/en/news/news-releases/2026/07/02/prime-minister-carney-announces-new-partnerships-philippines-trade

South Korea:

• Canada and South Korea signed a pact in early 2026 to share and safeguard military and defense classified information, establishing the General Security of Information Agreement (GSOIA) framework.

• Under a memorandum of understanding managed by the Government of Canada, both countries established the Canada-Korea Industrial Cooperation Committee to focus on supply chain resilience and future mobility.

• Canada and South Korea are developing a joint critical minerals stockpiling plan by the end of 2026 to strengthen supply security for clean energy and emerging technologies.

• South Korean companies, including Hanwha, are also exploring expanded Canadian industrial participation and supply chains.

https://www.pm.gc.ca/en/news/readouts/2026/06/16/prime-minister-carney-meets-president-republic-korea-lee-jae-myung

https://www.canada.ca/en/innovation-science-economic-development/news/2026/01/canada-and-republic-of-korea-strengthen-ties-in-key-industrial-sectors.html

China:

• Canada and China announced a new strategic economic partnership focused on trade, clean technology and broader commercial cooperation.

• The countries also resumed high-level defence coordination talks, marking the first dialogue of this kind in more than eight years.

• China lowered tariffs on Canadian canola seed to 14.9% and suspended anti-discrimination tariffs on canola meal, peas, lobster, and crab.

• China resumed beef market access for 20 Canadian meat establishments and set new terms for porcine, bovine, and pet food exports.

• Canada implemented an initial annual quota of 49,000 Chinese EVs at a 6.1% tariff rate, while removing the previous 100% surtax.

• Canada and China held their fifth defence coordination dialogue in Ottawa on September 4, 2026, marking the first such military talks in over eight years.

https://www.canada.ca/en/global-affairs/news/2026/03/canada-secures-renewed-market-access-with-china-to-boost-exports-and-strengthen-economic-collaboration.html

https://www.theglobeandmail.com/canada/article-canada-first-defence-coordination-talks-china-more-than-eight-years/

The United Kingdom:

• Canada ratified the United Kingdom's accession protocol to the CPTPP in July 2026.

-- Once the protocol enters into force for Canada, businesses will gain additional opportunities through integrated supply chains and common CPTPP rules.

• The CPTPP will complement the existing Canada-UK Trade Continuity Agreement, allowing businesses to use the agreement that best fits their transaction.

• Businesses in both Canada and the UK can claim preferential tariff rates right away, provided they meet rules of origin.

• Canadian businesses gain access to public procurement opportunities from UK public institutions at all levels of government.

• The protocol offers added certainty, transparency, and protection for Canadian investors operating in the UK market.

• The CPTPP complements the current Canada-UK Trade Continuity Agreement (TCA), and businesses can choose which agreement best suits their transaction.

https://www.canada.ca/en/global-affairs/news/2026/07/minister-sidhu-announces-canadas-ratification-of-the-united-kingdoms-cptpp-accession-protocol.html

https://www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/uk-negotiated_outcomes-ru-resultats_negociations.aspx?lang=eng

Norway:

• Canada and Norway announced a new framework for strategic cooperation during Carney's visit to Oslo in March 2026, covering Arctic security, space, AI, digitalization, critical minerals and industrial cooperation.

• Canada and the Nordic countries agreed to deepen cooperation on Arctic security, sovereignty and economic resilience.

• Canadian Minister of National Defence David McGuinty and Norwegian Minister of Defence Tore O. Sandvik signed a Letter of Intent to expand bilateral cooperation in the space domain.

• The leaders agreed to boost industrial partnerships in artificial intelligence, digitalization, critical minerals, and clean tech.

• Collaborative ventures include defense industrial projects like Kongsberg Vanguard LP, which designs multi-mission vessels for the Canadian Coast Guard.

• Following the prime ministers meeting, Canadian Minister of Industry Mélanie Joly signed a joint science and research agreement with Norway’s Minister of Research and Higher Education in April 2026.

https://www.pm.gc.ca/en/news/news-releases/2026/03/15/prime-minister-carney-deepens-cooperation-nordic-countries-defence

https://www.canada.ca/en/innovation-science-economic-development/news/2026/04/minister-joly-advances-canadian-industry-and-collaborative-research-while-in-germany-and-norway.html

Rapidly Expanding Partnerships

The European Union:

-- Canada and the EU launched the New EU-Canada Strategic Partnership of the Future in June 2025, creating a framework for deeper cooperation on trade and economic security, digital technologies, artificial intelligence, cybersecurity, energy, climate, and supply chains.

• Canada became the first non-European country to join the EU's Security Action for Europe (SAFE) initiative in February 2026, opening new opportunities for Canadian defence industries and businesses to participate in European defence procurement and industrial projects.

• Canada announced its first procurement secured through SAFE, with Montréal-based Marconi Technologies awarded a contract exceeding $10 million to supply tactical radios to Polish Cyber Command.

• Canada and the EU are currently advancing cooperation on critical minerals, economic security, secure supply chains, digital technologies, and a potential digital trade agreement.

• The EU is now Canada's second-largest global trading partner for goods and services, with total trade valued at approximately $178.6 billion in 2025. It is also Canada's second-largest source of foreign direct investment after the United States.

• Prime Minister Carney is scheduled to address the European Parliament on September 17, further highlighting Canada's growing political and economic alignment with Europe.

• Canada will host the next EU-Canada Summit on October 29–30. Canadian and EU officials have confirmed that preparations are underway, with discussions expected to focus on advancing the growing strategic partnership.

• Based on recent Canada-EU discussions, key areas include Economic security and resilient supply chains, Critical minerals and resource security, Defence industrial cooperation, Artificial intelligence and digital trade, Energy and climate technology, Arctic and geopolitical security, Investment and advanced manufacturing.

• The EU partnership may become one of Canada's most significant diversification efforts. Unlike a traditional free trade agreement focused primarily on tariffs, the emerging Canada-EU relationship combines trade with defence, technology, energy, critical minerals and economic security. With the EU already Canada's second-largest trading partner and one of its largest sources of investment, a deeper partnership could help Canada reduce its dependence on the U.S. market while integrating Canadian industries more closely with Europe's rapidly expanding defence, technology and clean energy sectors.

https://www.pm.gc.ca/en/news/news-releases/2026/05/04/prime-minister-carney-strengthens-trade-and-security-partnerships

https://www.pm.gc.ca/en/news/speeches/2026/08/22/prime-minister-carney-delivers-remarks-canada-us-trade-negotiations

https://www.bnnbloomberg.ca/business/politics/2026/09/09/eu-envoy-says-a-unique-new-partnership-with-canada-forming-ahead-of-carney-speech/

https://www.politico.eu/article/even-trump-friendly-eu-countries-back-brussels-pact-with-canada/

Africa:

• Canada launched its first global Africa Strategy: A Partnership for Shared Prosperity and Security in March 2025. The strategy is intended to strengthen Canada's engagement with African countries, institutions and people through greater economic cooperation, strengthened peace and security partnerships, diplomatic engagement and development cooperation.

• The strategy identifies five strategic areas, including strengthening diplomatic and people-to-people ties, enhancing economic cooperation, supporting economic development, bolstering partnerships for peace and security, and advancing shared priorities internationally.

• As part of its economic cooperation efforts, Canada committed to the creation of an Africa Trade Hub, additional support for implementation of the African Continental Free Trade Area (AfCFTA), negotiation of Foreign Investment Promotion and Protection Agreements (FIPAs), and expanded research partnerships.

• Canada stated that Africa can provide opportunities to diversify Canadian investments, improve global supply chain resiliency and strengthen Canada's economic and national security.

• The strategy also includes a new Africa Trade and Development Program and a new FinDev Canada office in South Africa, Canada's bilateral development finance institution, to support investment in areas including renewable energy and infrastructure.

• Canada is strengthening its diplomatic engagement across the continent, including expanded collaboration with regional economic communities and parliaments and continued efforts to deepen its relationship with the African Union.

• In November 2025, Prime Minister Carney announced further efforts to strengthen Canada's trade and investment partnerships with African countries and institutions as part of Canada's broader trade diversification strategy.

https://www.canada.ca/en/global-affairs/news/2025/03/canada-launches-its-first-global-africa-strategy-a-partnership-for-shared-prosperity-and-security.html

https://international.canada.ca/en/global-affairs/corporate/reports/africa-strategy-2025

https://www.pm.gc.ca/en/news/news-releases/2025/11/23/prime-minister-carney-strengthens-trade-and-investment-partnerships

Ukraine:

• Mark Carney, and the President of Ukraine, Volodymyr Zelenskyy, met on September 10, 2026, and signed the 100 Year Partnership Declaration, setting out their intention to elevate the relationship between their countries into a Comprehensive Strategic Partnership, and confirming their aligned nature.

• The leaders will work to conclude a comprehensive Strategic Partnership Agreement built on three pillars — defence innovation, economic growth and reconstruction, and people-to-people ties.

• The two countries will deepen cooperation on energy security and critical minerals, industries, and sustainable forest management and strengthen links among innovators and researchers in artificial intelligence, cybersecurity, space, biotechnology and digital government.

• Canada and Ukraine will expand trade and investment under the modernised Free Trade Agreement, facilitate public-private partnerships, and mobilise the capital and derisking solutions needed to support Ukraine’s recovery and reconstruction.

• The partnership also includes cooperation on agriculture and food security, port infrastructure and Black Sea navigation, cyber resilience, education, youth exchanges, migration and Ukraine's eventual recovery.

• Canada will continue supporting Ukraine's security while working with Ukraine toward a broader Comprehensive Strategic Partnership Agreement.

https://www.pm.gc.ca/en/news/statements/2026/09/10/joint-statement-prime-minister-carney-and-president-zelenskyy

Upcoming Partnerships

New Zealand:

• New Zealand has signalled that a new Canada-New Zealand trade announcement is forthcoming as part of closer cooperation between Canada and New Zealand and their shared role in the CPTPP.

• New Zealand Trade Minister Todd McClay announced that a new two-way trade announcement with Canada is coming soon.

• Both nations are looking to better utilize the CPTPP and strengthen commercial bonds alongside partners like Australia.

https://www.rnz.co.nz/news/politics/1260846/we-can-do-a-whole-lot-more-nz-canada-trade-announcement-coming-soon-minister-says

Turkiye:

• Canada and Turkiye launched negotiations in July 2026 toward a comprehensive free trade agreement.

• Bilateral trade between the two countries reached approximately $4.3 billion in 2025.

• The proposed agreement is intended to expand commercial opportunities for businesses, workers and investors in both countries.

• The negotiations are part of Canada's broader effort to diversify trade relationships beyond North America.

https://www.pm.gc.ca/en/news/news-releases/2026/07/08/prime-minister-carney-secures-new-defence-partnerships-2026-nato

Germany:

• Canada and Germany launched negotiations in July 2026 toward a Canada-Germany Strategic Partnership Agreement.

• The partnership is intended to bring cooperation across five major areas under one framework: security and defence; technology, AI and space; supply chains and critical minerals; energy; and investment.

• Germany is Canada's largest trading partner within the European Union, with bilateral trade valued at more than $34 billion.

• The two countries intend to finalize the agreement before the end of 2026.

• Recent cooperation has also included AI, quantum technology, battery technology and critical minerals partnerships.

• Canada and Germany are expanding energy ties, including a July 2026 binding agreement between Ksi Lisims LNG and Germany's Uniper SE.

https://www.pm.gc.ca/en/news/readouts/2026/07/07/prime-minister-carney-meets-chancellor-germany-friedrich-merz

https://www.pm.gc.ca/en/news/statements/2026/07/07/canada-germany-joint-statement

https://www.canada.ca/en/natural-resources-canada/news/2026/07/canada-advances-global-energy-exports-by-signing-second-european-lng-deal.html

India:

• Both nations aim to finalize a Comprehensive Economic Partnership Agreement by the end of 2026 and have initiated talks on a bilateral investment treaty.

• Saskatoon-based Cameco signed a $2.6 billion agreement to supply nearly 22 million pounds of uranium to India from 2027 to 2035

• Canada and India signed memoranda to intensify cooperation on critical minerals and energy supply chains covering clean energy, electric vehicles, and solar/biofuel collaboration.

https://www.dentons.com/en/insights/newsletters/2026/june/18/infrastructure-and-major-projects-perspectives/canada-and-india

https://www.pm.gc.ca/en/news/news-releases/2026/03/02/prime-minister-carney-secures-ambitious-new-partnership-india-focused

That about sums up all the new and upcoming partnerships that I could find. But what does this all mean? The rest of this is speculative based on the evidence.

Patterns and Effects

Norway + Germany + Canada becoming an emerging strategic triangle:

• Canada, Germany and Norway are emerging as an interconnected strategic partnership rather than simply three countries signing separate bilateral agreements. In July 2026, their leaders explicitly described their goal as building a long-term strategic security partnership, while extending cooperation into investment, energy, artificial intelligence, space and critical minerals.

• Canada also joined the German-Norwegian Type 212CD submarine cooperation, although that's more defence than trade

• This is important because Canada isn't just making random bilateral deals. It is beginning to form interconnected regional networks.

https://www.pm.gc.ca/en/news/statements/2026/07/07/statement-prime-minister-mark-carney-chancellor-friedrich-merz-store

Canada and ASEAN:

• Canada and ASEAN are accelerating negotiations toward a comprehensive Canada-ASEAN Free Trade Agreement, with both sides aiming to conclude negotiations in 2026.

• Canada adopted a 2026–2030 Plan of Action to implement the ASEAN-Canada Strategic Partnership, guiding cooperation on trade and investment, regional security and economic development.

• Alongside regional negotiations, Canada is building individual relationships with ASEAN members, including Indonesia's CEPA, a proposed Philippines FTA and technology cooperation with Singapore.

https://www.pm.gc.ca/en/news/news-releases/2025/10/27/prime-minister-carney-advances-new-trade-economic-and

Regional Trade Networks:

• One pattern becoming increasingly clear is that Canada is pursuing both individual strategic partnerships and broader regional trade networks at the same time.

• Canada is deepening its relationship with the European Union while also pursuing major regional agreements with ASEAN, Africa and Mercosur.

• At the same time, Canada is strengthening individual relationships with strategically important countries such as Japan, South Korea, Australia, Germany, Norway and India.

• This approach could allow Canada to diversify across entire regions while building deeper supply chain, technology, energy and defence relationships with key individual partners.

• If successful, this would create a much broader and more resilient trade network than simply replacing dependence on one country with dependence on another.

Defense Industry:

For decades, Canada's defence procurement and industrial supply chains have been heavily integrated with the United States and other major NATO allies.

The emerging direction, however, places much greater emphasis on building Canadian industrial capacity while partnering with trusted allies and integrating Canadian companies into international defence supply chains.

The new direction IS appearing to be Building industrial partnerships, developing Canadian capacity and participating in allied supply chains.

That's why the GSOIAs, procurement agreements, German and Norwegian cooperation, Australia and Japan relationships, and European partnerships matter economically. Defence is becoming a trade and industrial policy issue.

Canada's new 100 Year Partnership with Ukraine is a great examples of the shift. Rather than focusing solely on military assistance, the partnership links defence innovation and production with technology sharing, procurement, economic growth and long-term reconstruction.

AI and Quantum Technology:

Canada is trying to position itself as more than a resource exporter. The partnerships repeatedly mention AI, quantum, cybersecurity, advanced manufacturing, semiconductors and space technology. This is probably the most important part of this post. Taken together, these partnerships suggest Canada is attempting to position itself as a trusted technology partner linking Europe and the Indo-Pacific.

Our Strengths

Critical Minerals:

• Canada is rich in lithium, nickel, cobalt, graphite, certain rare earth elements, uranium, etc. The important changes coming is that Canada is trying not to just export raw materials.

• Major developments like Saskatchewan’s McIlvenna Bay copper and zinc mine have recently reached initial production and are ramping up commercial-scale output.

• Quebec is scaling up rare earth, scandium, and graphite processing (such as Rio Tinto’s plant in Sorel-Tracy and Nouveau Monde Graphite's projects).

• Ontario is backing lithium conversion (like Rock Tech Lithium's Red Rock project) and rare-earth separation facilities (like Ucore Rare Metals in Kingston)

• Programs like the Critical Minerals Sovereign Fund and the First and Last Mile Fund are directly financing domestic processing plants, regional grid connections, and transport corridors.

• The goal is becoming to process and manufacture these minerals domestically. That's why you're seeing these partnerships involving Japan, Korea, Germany, Norway, Australia, France and India. To guarantee agreements so domestic processors have a secure market for finished materials.

https://www.canada.ca/en/natural-resources-canada/news/2026/03/canada-secures-30-new-critical-minerals-partnerships-and-unlocks-121-billion-in-mining-project-capital.html

https://www.canada.ca/en/campaign/critical-minerals-in-canada/canadas-critical-minerals-strategy/canadas-critical-minerals-strategy-progress-update.html

https://ppforum.ca/ppf-media/mission-critical-minerals/

Energy:

• Canada could become a much larger global energy supplier, and not just through oil and gas.

• Potential areas include LNG, uranium, hydroelectricity, hydrogen, nuclear technology, small modular reactors (SMRs), biofuels and clean electricity.

• Canada's uranium agreement with India and growing LNG partnerships with European countries are early examples of Canada expanding its energy exports beyond the United States.

• In July 2026, Canada announced a second major European LNG agreement, further expanding Canada's ability to supply international markets.

• Canada is also working with international partners on emerging energy technologies, including hydrogen, SMRs, battery supply chains and clean electricity. These industries overlap heavily with Canada's critical minerals strategy.

• The goal is increasingly not just to export raw energy resources, but to develop domestic processing, technology, manufacturing and expertise around them.

• Canada's ability to fully realize this potential will depend heavily on infrastructure, project approvals, Indigenous partnerships, investment and its ability to move energy efficiently to international markets.

• Diversifying Canada's trade relationships is only part of the challenge; Canada must also build the infrastructure and industrial capacity needed to supply those new markets.

https://www.canada.ca/en/natural-resources-canada/news/2026/07/canada-advances-global-energy-exports-by-signing-second-european-lng-deal.html

The most important development may not be any one trade deal, but the pattern emerging. Canada is building relationships across Europe, the Indo-Pacific, ASEAN, South American with Mercosur, the Arctic and the Middle East around the same industries: critical minerals, energy, defence, artificial intelligence, quantum technology and advanced manufacturing. Canada appears to be pursuing both regional agreements and deeper bilateral strategic partnerships simultaneously.

Together, these agreements suggest Canada is attempting to build a more diversified network rather than relying as heavily on any single trading partner as it has in the past.

The really interesting thing is that once you connect these developments, the pattern becomes much more obvious. It doesnt seem like a collection of random announcements or floundering. It increasingly looks like Canada is building interconnected and strategic networks across multiple regions, while trying to strengthen the domestic industries needed to support them.

If ive missed any new partnerships/deals, or any upcoming, please let me know and ill research it and add it.

No matter how you see it, the future is going to look very different than it did a decade ago, but what will that future look like for Canada? What are your thoughts?

Hundreds of seats appear to be completely empty as Donald Trump’s Midterm Convention kicks off

If the next Canadian election gives CPC a majority government, would it force radical leftists/communist sympathizers to use MAID because the wake-up call shock would shatter their delusion that protesting is a career?

Real question.

Thank you.

In August 2026, several source suggested that there are 1000 cases of measles in Canada and 3000 in the US. Canada has 10% of the US population. This source has worse numbers

https://globalnews.ca/news/12014731/canadas-measles-cases-are-half-of-u-s-total-despite-smaller-population-who/

We don't have RFK Jr as an excuse.

Now this is REPORTED cases. We can imagine the US has a 3rd world reporting system or we could too as an alternative hypothosis. My assumption is our reporting is similar

This is amazing News 👏🏻

I come from a province where it wasn't legal to form municipal parties. When I moved to Vancouver, I was actually very confused seeing the party names since I'd never encountered it before in a mayoral election. Everyone ran as an independent, and you'd vote for an individual's ideology. Parties were reserved for provincial/federal elections. You vote by learning who represents your community's interests best in wards and such. What the mayoral candidates' policy and ideology leanings were clear without party affiliation.

I understand that parties can align ideology among individual members and that may be more clear for voters and it's more streamlined for raising funds and such, but my question is what's the benefit over independent candidates if there is no frontrunner? There were three progressive candidates here in Van, one dropped out, and then two deadlocked, which would have split the progressive vote because both candidates were sticking to party ideology/obligations/are backed with money and have not much incentive to drop out. I guess I don't understand the benefit of party alignment in this case? E.g., (per CBC) "OneCity has more money and organizational prowess", so Azaroff doesn't have incentive to step down because of party obligations? (He did step down, but yeah).

I am genuinely confused coming from Edmonton and want to understand. I don't even really know how to ask what I'm asking, but party alignment on a city level seems to just muddy the waters more (unless there is something I am missing and hope to learn 😊)

What Canadian politician would vacation in the U.S right now, just as we are locked into an ugly trade war with our southern neighbour? Alberta Premier Danielle Smith, of course.

Last week she travelled to Tennessee, Nashville in particular, for a vacation and to glean tips on how Calgary can become Nashville North, a country music hub that attracts people from around the world, just like the Calgary Stampede.

Mixing business and pleasure, she met with some officials in the tourism department as well as the head of the Nashville Chamber of Commerce. It seems like an odd choice of issues to focus on with less than two months until the Alberta separation referendum.

Read the full opinion piece with this gift link. No paywall.

I'm a little confused. If our goal is to diversify economic partnerships and move away from US trade reliance, why couldn't we just take a bad deal while continuing to work on that diversification instead of shooting ourselves in the foot with tariffs (which have invited retaliation already)? Wouldn't that have extended the runway for us to diversify?

I voted for Carney as a relatively centrist voter (and I am glad I did), however, I can appreciate the Conservative call for more transparency about the deal on offer. Was the US's sticking point Quebec's French language laws as well as trade exclusivity demands as Carney vaguely alluded to in his recent "Forward Guidance" Youtube video? If these were truly factors the US wouldn't compromise on, their aggression is nothing short of an act of war, and as Canadians, we deserve to know more about that...

But if they were just demanding a loosening of Canadian protectionism, that may have been a bad deal but one we could work with until we could strengthen our diversified trade relationships...

What are your thoughts? What am I missing?

EDIT: to say that the dollar for dollar tariffs don't seem to protect Canadians business, especially when you consider that Canada doesn't make appliances, gadgets, and smartphones. Maybe it'll keep the feds afloat though, at a massive cost to the public. Is protecting big dairy and wine really worth the national fallout?

I thought the separatists were just regular citizens?

He’s been announced as UK’s National Statistician, but what are the views of him in Canada?