Part 11/14:
Canada’s trade deficit, particularly with the U.S., has worsened, exemplified by a $19.6 billion shortfall in Q2 of recent years. Meanwhile, Ontario’s attempt to project strength by restricting U.S. alcohol imports has inadvertently highlighted Canada's diminished leverage. The move of Crown Royal—one of the country’s most recognizable brands—across the border underscores the harsh reality: the policies intended to protect Canadian industry are no longer effective in the face of a more attractive American economic landscape.