Reuters: Canada PM Trudeau says Pres Trump talk about absorbing Canada is real

• Trudeau’s remarks: Prime Minister Justin Trudeau stated that U.S. President Donald Trump’s suggestion of absorbing Canada is “a real thing” and linked to Canada’s rich natural resources.
• Context: Trudeau made the comments during a closed-door meeting with business and labor leaders discussing Trump’s tariff threats on Canadian imports.
• Accidental report: The remarks were mistakenly broadcast through a loudspeaker and first reported by the Toronto Star.
• Trump’s stance: Trump has repeatedly suggested Canada might be better off as the 51st U.S. state.
• Trudeau’s statement: Trudeau noted Trump’s awareness of Canada’s natural resources and his belief that absorbing the country is one way to benefit from them.
• Confirmation: A government source verified the accuracy of the Toronto Star’s account.

Canada sends 75% of all goods and services to the US.

https://www.reuters.com/world/americas/canada-could-face-long-term-political-challenges-with-us-says-trudeau-2025-02-07/

This article was written by Greg Michalowski at www.forexlive.com.