Trade and policy experts are issuing a clear call to the federal government in Ottawa: it is time to aggressively seek out new trading opportunities closer to home. The recommendation focuses on deepening economic ties within the Western Hemisphere as a strategic move to diversify Canada's export markets and reinforce resilient supply chains.
A Strategic Pivot to Neighbouring Markets
The advice, reported on December 07, 2025, underscores a growing consensus among analysts. They argue that while global trade remains vital, there are significant untapped economic potentials within the Americas. This region includes long-standing partners like the United States and Mexico, but also extends to nations in Central and South America, as well as the Caribbean.
This push represents a strategic pivot. By strengthening commercial relationships within the hemisphere, Canada could reduce over-reliance on more distant and geopolitically volatile markets. Experts suggest this would not only secure more predictable trade flows but also foster regional economic stability and growth.
Building Resilient and Diversified Supply Chains
The call for action is rooted in recent global challenges that exposed vulnerabilities in long-distance supply networks. Developing stronger trade links across the Western Hemisphere is seen as a practical method to build more robust and shorter supply chains. This is particularly relevant for key Canadian industries, including agriculture, manufactured goods, and critical minerals.
Proponents of the strategy highlight several potential benefits:
- Enhanced economic security through reliable, proximate partners.
- Faster and lower-cost logistics compared to trans-oceanic shipping.
- New markets for Canadian exports beyond traditional destinations.
- Strengthened diplomatic and political ties through shared economic prosperity.
The Path Forward for Federal Policy
The ball is now in the court of the federal government. Experts urge Ottawa to make this a priority in its international trade negotiations and diplomatic engagements. This could involve modernizing existing agreements like the Canada-United States-Mexico Agreement (CUSMA), pursuing new bilateral deals, or engaging more deeply with regional multilateral forums.
The underlying message is one of proactive adaptation. In a world of shifting economic alliances and disruptions, Canada must actively shape its trading future. Forging deeper connections within the Western Hemisphere is presented not just as an economic opportunity, but as a necessary step for long-term national prosperity and resilience.
The recommendation adds to ongoing national conversations about economic sovereignty and positioning Canada competitively in the decades to come. It remains to be seen how policymakers will respond to this expert counsel in the coming months.