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Market
Which Canadian sector will be most affected by U.S. economic pressure in 2025?
1
Resolution / Starting Odds
Automotive • 25%
Lumber • 25%
Energy • 25%
Other sectors • 25%
Economic reports and analyses from major financial news outlets
Story
Trump Vows to Use 'Economic Force' to Make Canada 51st State, Dismisses Military Action
Jan 7, 2025, 05:39 PM
President-elect Donald Trump has announced that he plans to use economic measures to integrate Canada with the United States, ruling out any military action to annex the neighboring country. Describing the U.S.-Canada border as an 'artificially drawn line,' Trump suggested that unifying the two nations would be beneficial economically and militarily. He questioned why the U.S. is 'losing $200 billion and more to protect Canada,' asserting that 'we don't need anything they have.' Trump indicated that economic pressure could be used to achieve closer political alignment, including discouraging purchases of Canadian cars and lumber.
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