Scenarios
Hypothetical

Model used: Basic

Canadian Industrial Expansion to Counter US Tariffs

Canada undertakes a large-scale expansion of its industrial sector, motivated by the desire to offset the negative economic impacts of US tariffs and strengthen its economic independence. The scenario describes a major government-led initiative to create new industries and boost existing ones, projecting a $500 billion increase in Canada's GDP.

41 Pro-Industrial Expansionvs3 Anti-Industrial Expansion|

The core of Canadian manufacturing policy for decades was the 1879 'National Policy,' which dramatically raised tariffs specifically to incentivize domestic industry and ensure Canadian commerce flowed east-west instead of being absorbed by US north-south trade routes.

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