In the wake of U.S. President Donald Trump’s inauguration, Canadians are left reeling from the potential implications of his new directives. Beyond the ominous threat of imposing tariffs on Canada, Trump’s decisions could have far-reaching effects on the country. Here are five key directives that Canadians should keep an eye on:
- Digital Services Tax:
- Canada’s recent implementation of a digital services tax has caught the ire of Big Tech firms and U.S. trade advocates.
- Trump’s order targeting the OECD’s proposed global tax could put Canada’s digital services tax in the crosshairs.
- Refugee Resettlement:
- With the suspension of refugee resettlement to the U.S., Canada may face increased pressure to welcome more refugees.
- This move could strain Canada’s resources as efforts are made to limit the number of newcomers due to housing shortages.
- Energy Policy:
- Trump’s withdrawal from international climate agreements may impact Canada’s LNG exports.
- The US’s latest energy exploration orders could disrupt the global market, affecting Canadian investments in electric vehicles.
- Wavering Multilateralism:
- Trump’s freeze on foreign aid and withdrawal from the WHO may compel countries like Canada to step up on the global stage.
- This shift towards American interests could create tension in international relations, forcing Canada to reassess its position.
- Security Clearances:
- Trump’s memorandum granting interim security clearances to aides raises concerns about vulnerabilities in intelligence sharing.
- This move could impact Canada’s security as Trump’s administration continues to take actions that may jeopardize international relations.
In light of these unfolding developments, Canadians must remain vigilant and adapt to the changing landscape. Whether it’s reevaluating economic policies or navigating shifting global dynamics, Canada must be prepared to navigate the challenges that lie ahead. As the world continues to evolve, Canadians must remain resilient and proactive in safeguarding their interests and values amidst a turbulent geopolitical climate.
