Carney Says U.S.–Canada Economic Era Is Over as Tariffs Push Investors Toward Safe Havens

Canadian PM Mark Carney says decades of deep U.S.–Canada economic integration are ending. Rising tariffs and global uncertainty push investors toward gold, real estate and professional financial advice.

Canadian Prime Minister Mark Carney says the long-standing era of tight U.S.–Canada economic integration has ended, warning that American tariffs are now putting Canadian jobs in autos, steel and lumber at risk. He noted that uncertainty is causing companies to hold back investments and said the old relationship “will never be the same.”

Carney previously cautioned that global markets could face major disruptions as the U.S. leans deeper into protectionism, affecting countries that rely heavily on American demand.

As volatility rises, investors are turning toward safe-haven assets. Gold has surged more than 60% in the past year, with investor Ray Dalio emphasizing its value when markets face stress. Gold IRAs have also gained attention for combining physical metal with tax advantages.

Real estate remains a long-term wealth strategy, especially during inflation. Modern platforms allow investors to buy shares of rental properties with low minimums, while accredited investors can access institutional-grade opportunities through firms focused on multifamily and industrial assets.

With the economic landscape shifting, more individuals are seeking fiduciary financial advisors to help build and protect their portfolios. Matching platforms now simplify the process by connecting users with vetted professionals based on goals and risk tolerance.