GAME OVER: How Canada Just Defeated the USA in Trade

Hello everyone, welcome back.The latest economic numbers have been released and it's just fantastic news for Canada.Canada posts trade surplus in March thanks to higher crude prices surging gold exports.And the numbers are really good.Total exports rose 8 .5 % to $72 .8 billion, aided by a 24 % increase in metal and non -metallic product export category to a record high and a 15 .6 % increase in energy exports, which scaled its highest level since September 2022, StatsCan said.And when you specifically look at the numbers between Canada and the United States, it's more good news.

Canada's trade surplus with the United States reached its highest in six months at $7 .1 billion, even though its share of exports to the U .S.dropped to 66 .7%, its lowest ever.Our share of exports to the United States dropped to its lowest level ever, but we still have a trade surplus with the United States, meaning they buy more from us than we do from them.Meanwhile, Canada's exports to countries other than the U .S.

hit yet another record high in March.Exports to non -U .S.countries rose 9 .1 % in March.We are diversifying.We're doing more trade with countries all over the world and less trade with the United States in a gradual balanced manner and we have a trade surplus now.

Countries all over the world are buying more from Canada than we buy from them.This is fantastic.Now, what a contrast with the United States.The same report from the same month.U .S.

trade deficit swells, even though their oil exports surge.The U .S.trade deficit grew 4 .4 percent month over month to 60 .3 billion in March.Now, just to explain the magnitude of this failure, how big this trade deficit is, 60 billion dollars in one month.Over a year, that would represent about a three

quarter of a trillion dollar trade deficit.The US administration wanted the opposite of this.That's why they imposed tariffs, taxes on imports from all countries around the world.They wanted a trade surplus, but it's backfired in a huge, spectacular way.Countries all over the world are working to increase ties and do more trade amongst each other, excluding the United States.And this is leverage, buying less from the United States, selling more to other countries.

basic business works.If you own a bagel shop and you sell bagels and one of your biggest customers, who used to buy a lot of your bagels, decides they don't want to buy your bagels anymore, what do you do?Well you try and sell your bagels to other customers.There's lots of people that eat bagels.If that customer doesn't want your bagels, you say go buy your bagels somewhere else.Now keep that in mind, okay, that's just a simple strategy to sell your products to someone else.

And that one customer who doesn't like you anymore, if they sell something, stop buying what they're selling.Recently now, Pierre Poliev's talking point, he says Carney should state what leverage Canada has in the trade talks.Poliev said, and listen carefully to his words, and I'll quote here, He said, if energy and minerals are not going to be leveraged for Canada in these negotiations, what leverage does Mr. Carney claim to have if energy and minerals are not going to be leveraged in these negotiations?Do you understand what he's saying?The way you would leverage those exports would be to threaten to stop selling them or cut the United States off.That's what he's saying.

Maybe he doesn't understand what he's saying.We need to leverage our oil exports.How would you leverage them?Now, he says he would leverage them by storing some of them, which is ridiculous.But what he's actually saying is that we should threaten to cut them off.Now, you remember at the beginning of the trade dispute between Canada and the United States when tempers were high and there was the mentality of fight, fight, fight back.

Remember Doug Ford said, I'll cut off the electricity.And some politician says, well, we should cut off oil exports in retaliation.It sounds it's a knee jerk reaction that, you know, it sounds tough.It makes you feel good.Well, that quickly got squashed and you don't hear Canadian officials talk about that anymore.Doug Ford had to back down immediately as the U .

S.threatened to escalate severely if Canada would cut off electricity to New York.Now, let me explain why that's just a terrible idea.If we use energy and minerals as a leverage against the United States, if we cut them off, during negotiations.For one thing, it would create a hostile environment and who knows what kind of retaliation the U .S.

would impose on us.It would just escalate into a terrible trade war situation.But not only that, it would harm us.They're our biggest customer, as we are their biggest customer.So if we threaten to cut them off, all we're doing is hurting ourselves.When Doug Ford said, I'll cut off the electricity, Well, that would mean the electricity companies that are selling electricity to the U .

S.would they'd all of a sudden stop making money, they'd be out of business.If we cut off our oil exports to the United States, then the wells would get shut in, the pipelines would get shut down, and where is Daniel Smith pushing back on this?If anyone else suggested this, if it was a liberal politician that said, we need to leverage our oil and gas exports to the United States during these negotiations, she would immediately be on TV denouncing that person, saying there's no way that the federal government can use Alberta's oil and gas exports as leverage.They're talking about shutting in our wells.And I will fight for Alberta's economy.

and comments like this stir up the separatist movement in our province.That's exactly how she would react.But Pierre Poliev, I don't think he understands that he's saying this, but he blurts these things out and Daniel Smith is silent.Now let's put Pierre Poliev and his stupid comments aside and I'll give you a few examples of some real leverage that Canada has going into this Kuzma review.U .S.

companies don't want to miss out on the opportunity to sell products to an affluent market of some 40 million people right on their country's doorstep.The U .S.exports of goods to Canada totaled 350 billion U .S.in 2024, and exports of services were worth another 90 billion U .

S.We are one of their biggest export markets, so we have tremendous leverage as consumers we can stop buying their products.That's huge leverage against them.They want to keep selling to us.That will devastate those businesses in the United States because we're their biggest customer.That's leverage.

Not threatening that we want to sell less to them.That hurts us.We have leverage by saying we're not going to buy your products.

That will Petrify them.The days of our military sending 70 cents of every dollar to the United States are over.

In energy, the U .S.imports an average of 3 .9 million barrels a day of crude from Canada, more than it imported from all other nations in the world combined.The United States needs oil.We're their biggest supplier of oil.Now, we don't threaten to cut them off.

What we do is we work to diversifying our exports, as we did when we built the Trans Mountain Expansion Pipeline, which now sends a million barrels a day to the West Coast, with most of it going to China and Asia.And we're actively working on increasing our natural gas LNG exports.from the West Coast, which go to the Asian market, potentially more infrastructure to the West Coast or even to the Port of Churchill in Manitoba that can let us export LNG or oil to other countries other than the United States.And that's precisely the reason that the United States has already made the concession before we've even started the negotiations.The president just approving a new pipeline, the red pipeline on this map, that would do pretty much what the cancelled Keystone XL pipeline would have done.Joe Biden cancelled that pipeline.

It would allow another million barrels of oil to be exported to the United States.That's why he's made that concession already.and that's why we shouldn't jump into agreement here.We should look at our other options first.Foreign investment is another huge form of leverage for Canada.Canadians may not think of their country as a major investor on the global stage, but Canada has for many years been among the top sources of foreign direct investment in the United States, largely as a result of decisions by pension funds.

Canadian firms and funds have about three quarters of a trillion dollars U .S.invested in U .S.industries, trailing only slightly behind Japan and the United Kingdom.This is a tremendous amount of leverage that Canada has going into these negotiations.

The government of Canada could change the rules requiring Canadian pension funds to invest a larger portion of their holdings in Canada.Basically, it's the same thing now.We could threaten to spend less in the United States.We will purchase less from you.That's leverage.And there's already a shift happening naturally here as more investment is pouring into Canada.

Look at the stock market performance of the top 10 stock markets in the world in 2025.Canada ranks number one.There's already capital investment shifting into Canada in anticipation that these nation -building projects, the path that we're on, are going to create a boom in investment here.And here's one that you probablyhaven't heard with respect to critical minerals.The US administration hosted representatives from 54 countries last month for a summit that the State Department described as an effort to reshape the global market for critical minerals.

Because basically the United States is petrified now that China controls the world's critical mineral processing and a lot of the mining of the world's critical minerals.While the EU, Japan and Mexico signed on to the critical minerals action plan during the summit, Canada did not.Foreign Affairs Minister Anita Nod said at this time Canada was not prepared to sign such an agreement with the U .S.outside of Kuzma talks.While she didn't say so directly, the strong implication is that Ottawa wants to keep critical minerals as a bargaining chip.

because Canada has vast reserves of critical minerals.And by not signing that deal, our options are open.We can sell those critical minerals to whoever we want.We don't have to make a deal with the United States.That's leverage.And I just have to say to Pierre Pauly, it doesn't involve building a strategic reserve and storing critical minerals.

We have the ability to sell them to whoever we want.And it's all working out in the numbers.Canada has a trade surplus.We're doing more business with other countries.The United States has a trade deficit, a massive one now, because they need to buy from other countries.They're still buying from other countries.

Despite the tariffs making everything more expensive, they have to because they need things from other countries and they're selling less.because countries are just not respecting the United States now and countries are working together excluding them.So the trend is just fantastic for Canada and we are on exactly the right path because we know that we hold all the cards.We have everything the world wants.We can trade with anyone on earth.There's 80 % of the world economy

out there and billions of people out there that all want what Canada has.So when you speak about leverage and who holds all the cards, there's doom and gloom rhetoric and nonsense and then there's reality.So hopefully in this video I've painted a picture of We're in a very strong position and it's going to be very difficult for the United States to push us around in these trade talks.They're going to try to on Twitter and on Truth Social and in the media, they'll make threats and bombastic posts.That's all noise.What's actually happening, the deals, the leverage, we have the leverage.

You know what they have?Inflation.Thanks for watching, everyone.Leave some comments.I'm interested in your perspective.Subscribe to my channel if you're enjoying the content.

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