Canada’s Ex-Minister Urges Better China Ties to Hedge US Risks

Bill MorneauPhotographer: David Kawai/Bloomberg

Canada should bolster ties with China to hedge against uncertainty from US President Donald Trump’s approach to bilateral relations, according to a former top Canadian official.

“Who are the other reliable partners we have in the world?” said Bill Morneau, who served as finance minister under former Canadian Prime Minister Justin Trudeau through 2020. Noting that China is Canada’s second-largest trading partner, after the US, he said it’s no surprise that Prime Minister Mark Carney is looking to build “a more stable and expansive trading relationship with China and other countries.”