July 20, 2024
What a trade war with China would do to Canada
Canada would survive a full-scale trade war with China, but it would offer a painful lesson on how much we now rely on that country.
Canada would survive a full-scale trade war with China, but it would offer a painful lesson on how much we now rely on that country.

There was a time-not long ago- when Canada was pushing for “more, more, more” ties with China, as Canada’s former ambassador to that country, John McCallum, put it.

Now, China has detained two Canadians and sentenced a third to death after Meng Wanzhou, chief financial officer of Huawei Technologies and daughter of its founder, was arrested in Vancouver on a warrant from the U.S. where she is facing multiple criminal charges.

In apparent retaliation, China has also blocked Canadian canola seed imports and thrown obstacles at soybeans. This week, in its latest attack, it halted all meat imports from this country, citing falsified paperwork. Then on Thursday, Chinese fighter jets reportedly buzzed a Canadian warship in the East China Sea.

Hopes of a more intimate relationship envisioned by the likes of McCallum and former prime minister Jean Chretien have been torpedoed. The Meng case is likely to drag on for months, or even years, as some past extraditions have taken, and relations between Canada and China are likely to continue to unravel.

So, how bad could it this fast escalating spat with China get?

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See Also:

(1) Trudeau cannot just order Huawei’s Meng Wanzhou to go free — or can he?

(2) As election looms, Liberals tout a tough-guy Trudeau

(3) Canada updated its terror list – and still hasn’t added the IRGC

(4) Amid ballooning warship contract, here’s eight other times Ottawa spent billions all in one place

(5) Report: No Trudeau-Xi Meet

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