Canada’s Trudeau will welcome Biden’s US win

Significance

Canada-US ties have seen some friction under President Donald Trump; Biden’s administration is an opportunity for calmer ties. The change of president in the United States will have implications for Canada’s economy, trade, environmental policy and national security, and could help bolster Canada as a global middle power.

Impacts

• Bay Street (Canada’s Wall Street) will monitor Biden’s economic policy appointees closely.
• Trudeau’s government will lobby Biden to support the Keystone XL pipeline.
• Canada will support Washington on the world stage, including as Biden returns Washington to international bodies.
• Trudeau could call an early election in 2021, though cancellation of Keystone XL would limit his support in Alberta.