Prime Minister Mark Carney is set to embark on an extensive foreign tour to strengthen Canada's trade ties. He has set a goal of doubling Canada's exports to countries other than the United States over the next 10 years. Mark Carney believes that expanding trade globally is essential for the country's long-term prosperity.
Carney believes that building new partnerships will help grow Canada's economy and reduce its over-reliance on the US market. As part of this, he visited France, China, Qatar and Switzerland in January. During his visit to Switzerland, he also attended the World Economic Forum in Davos.
Official sources indicate that he will visit India in February for more trade talks. He aims to attract international investors to Canada and open up more opportunities for Canadian businesses abroad.
Observers are calling this move to transform Canada into a global power a "bold step." Experts say the trips are evidence that Canada is serious about building stronger ties with countries in Europe, Asia and the Middle East. However, critics warn that excessive foreign travel could distract attention from domestic issues.