Canada's Advantages to Trade With The U.S. Are Difficult to Replace, Says Rosenberg Research

BY MT Newswires | ECONOMIC | 10:47 AM EDT

10:47 AM EDT, 05/06/2026 (MT Newswires) -- Canadian Prime Minister Mark Carney should start to think twice about cozying up to China and forging stronger links with the European Union, said Rosenberg Research after Tuesday's latest Canadian merchandise trade.

The trade surplus with the United States in March more than doubled from $2.8 billion to a six-month high of $7.1 billion, noted Rosenberg Research.

For all the "bellyaching" about all the negative trade actions, Canada's bilateral surplus of $7.1 billion today compares with $6.4 billion this time last year.

Canada's long-standing trade reliance on the U.S. isn't going away despite Donald Trump, who has barely more than two years left in the presidential office, because all these attempts to diversify relationships aren't an antidote to the world's longest border, cheap transportation costs, and access to a $22 trillion consumer base, stated Rosenberg.

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