Chloé Ridel· S&D

Nuanced

Three quarters of Canadian exports depend on the US market

Omissions

• The 75% figure represents approximate/rounded data for 2024, not the most current available data at the time of the speech
• Canadian export dependency on the U.S. had been declining, reaching 67.3% in October 2025 according to Statistics Canada data - the lowest non-pandemic level since current measurement methods began
• The CBC article was published after the fecha_sesion (2026-03-10), though the data period (October 2025) was prior to the speech

Sources

• PrimaryStatistics Canada - Focus on Canada and the United States: TradeThe United States was the sole export market for nearly two-thirds (65.9%) of Canadian exporting enterprises in 2024, the highest share recorded since 2003
• SecondaryCBC News - Canada's share of exports to U.S. hit lowest level in decadesExports to the United States in October accounted for 67.3 per cent of all exports, the lowest non-pandemic level since the current method
• TertiaryYouTube - Minister Jonathan Wilkinson statementAround 75 per cent of Canadian exports went to the U.S. in 2024