Canadian Foreign Minister on Trade War, Arctic Security, Greenland

Watch on YouTube ↗  |  January 20, 2026 at 14:09  |  12:13  |  Bloomberg Markets
Speakers
Anita Anand — Minister of Foreign Affairs, Canada

Summary

Canadian Foreign Minister Anita Anand, interviewed by Lisa Abramowicz at Davos, discusses Canada's diplomatic and trade strategy amid global volatility. She highlights the new Canada-China trade deal, Canada's push to diversify trade away from the U.S., its role as an energy superpower, and plans to raise defense spending to 5% of GDP by 2035 with a stronger Arctic and NATO focus. She also addresses Arctic security, Greenland, and the resilience of the U.S.-Canada relationship.

  • Anita Anand speaks at Davos on Canada's foreign policy and trade diversification.
  • Canada struck a new deal with China reducing tariffs on canola, seafood, and Chinese EVs.
  • Canada aims to double non-U.S. trade over 10 years, expanding ties with China, India, Indonesia, Mexico, and Ecuador.
  • Anand emphasizes Canada's energy superpower status, including the first LNG shipment from British Columbia.
  • Canada plans to raise defense spending to 5% of GDP by 2035 and increase Arctic/NATO focus.
  • She downplays concerns about NATO collapse and stresses continued multilateral cooperation.
  • The U.S.-Canada relationship remains challenged but deeply integrated, with $300B in daily trade.
Ideas
Anita Anand Minister of Foreign Affairs, Canada 1:15
Canada diversifies trade away from US
Canada is diversifying its trade relationships away from the United States, aiming to double non-U.S. trade over the next ten years, bolster its domestic economy, and expand partnerships with countries such as China, India, Indonesia, Mexico, and Ecuador. This supports a positive country-level outlook for Canada as it charts its own course amid global trade volatility.
EWC MED
Anita Anand Minister of Foreign Affairs, Canada 2:00
China cuts tariffs on Canadian canola
The new Canada-China deal reduces tariffs on Canadian canola and seafood products going to China, supporting Canadian agricultural exports and marking a new era of trade relations between the two countries.
CANOLA MED
Anita Anand Minister of Foreign Affairs, Canada 4:50
Canada energy superpower, LNG demand strong
Canada is an energy superpower in both clean and conventional energy. The first LNG shipment left Canada's west coast of British Columbia last summer, and countries around the world are asking for more Canadian energy, indicating strong global demand and a positive outlook for Canadian energy exports.
Canadian energy LNG MED
Anita Anand Minister of Foreign Affairs, Canada 6:11
Canada boosts defense spending to 5%
Canada has committed $80 billion to defense in its last budget and plans to increase defense spending to 5% of GDP by 2035, matching NATO allies. It is also increasing troop deployments and focusing more on the Arctic and northern/western NATO flanks, creating a fiscal tailwind for the defense sector.
ITA MED
Up Next
2:00
Mike Johnson Sees UK Visit as Chance to 'Calm the Waters'
Bloomberg Markets · Jan 20
6:37
Meta's Joel Kaplan on AI investments: Our ambition is to build 'personal superintelligence'
CNBC · Jan 20
16:14
ChatGPT is Officially Cooked.
Thread Guy · Jan 20
9:28
Cohn Says 'This, Too, Shall Pass' on Geopolitical Tensions
Bloomberg Markets · Jan 20
8:35
CoreWeave CEO Mike Intrator: AI will continue to pay dividends for the next 100 years
CNBC · Jan 20

This Bloomberg Markets video, published January 20, 2026, features Anita Anand discussing EWC, CANOLA, Canadian energy, LNG, ITA. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Anita Anand  · Tickers: EWC, CANOLA, Canadian energy, LNG, ITA