Key facts
- Canada aims to double its non-US trade in the next decade.
- Ottawa has forged 20 new security and trade agreements globally.
- Canada has free trade agreements with every other G7 country.
Canada is actively pursuing a strategy to diversify its trade and security relationships globally, with the aim of doubling its non-US trade within the next decade, according to Foreign Minister Anita Anand. Speaking on Saturday on the sidelines of a G20 foreign ministers meeting, Anand highlighted the need for new alliances and partnerships in a changing international order, particularly in light of growing Russian threats and the need to protect privacy in the age of AI. Prime Minister Mark Carney's government is aggressively seeking trade pacts beyond North America due to the impact of US tariffs. Canada has already established 20 new security and trade agreements, granting access to 1.5 billion consumers across more than 51 countries, and is working towards a trade deal with ASEAN.