Carney gave a eulogy for Canada’s old relationship with the US. Now he must redefine it

The former central banker and investment executive had for months focused his electoral campaign on the threats from Canada’s largest trading partner and longtime political ally. “Our old relationship with the United States, a relationship based on steadily increasing integration, is over. “The big question is how much Canadian federal government wants to pursue closer relations with the United States,” said Peter Morrow, an associate professor of economics at the University of Toronto. “The challenge for Canada is that it’s not really is not in a good position to diversify away too much from its economic relationship with United States. In his election night speech, Carney hinted at a goal of strengthening relations with like-minded allies in Europe.