What happens if the United States is no longer the stable anchor of North American trade?

In this extended episode, we examine CUSMA without illusions — through the lens of Mark Carney’s remarks at the World Economic Forum in Davos, growing U.S. trade volatility, and the hard reality facing middle-power economies like Canada and Mexico.

Carney warned the world is experiencing a “rupture, not a transition” — where economic integration can become a source of vulnerability rather than security. This episode explores what that means for Canada as CUSMA faces renewed uncertainty, Trump-era rhetoric resurfaces, and short-term economic pain collides with long-term national resilience.

We break down:

• Why dependency is no longer neutral in global trade
• How short-term disruption makes long-term strategy politically difficult
• What Canada and Mexico would face without U.S. trade certainty
• Why coalitions of middle powers matter more than ever
• How Canada can pursue a fair, firm renewal of CUSMA without fear

This is not a call for isolation — it’s a case for clarity, resilience, and steadfast leadership in a world where predictability can no longer be assumed.

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