7 December 2022 | Other

Canadian public opinion is against trade with China

The Canadian public has a negative attitude toward trade with China. This is due to the promise of Prime Minister Trudeau's government to start working with democratic allies in the region. 

Data released on Tuesday showed that exports to China reached a record 3.3 billion Canadian dollars for the month. In US dollars, it amounts to 2.4 billion. Nanos Research Group surveyed for Bloomberg News. According to its results, 61% of respondents are in favor of ending trade with China. It is 16 points more than it was in December 2020. At that time, 45% were in favor of reducing trade.

Also, the survey showed that 24% of respondents are in favor of maintaining trade with China at its current level, and only 5% are in favor of increasing it. These figures practically don’t change depending on the age, gender, and residence of the respondents.  

Last week, the government of Trudeau published the Indo-Pacific strategy. It called China an increasingly destructive power. The strategy involves deepening trade and military ties with other Asian countries. It refers to Japan and South Korea. 

Company MarketCheese
Period: 09.01.2026 Expectation: 1000 pips
Breaching 1.373 support paves way for USDCAD drop to 1.358
Today at 11:26 AM 6
Period: 31.12.2025 Expectation: 1600 pips
EURUSD poised to test yearly peak on dollar softness
Today at 11:15 AM 5
Gold buy
Period: 28.02.2026 Expectation: 12000 pips
Investing in gold from $4,380
Today at 08:34 AM 17
Period: 31.12.2025 Expectation: 1200 pips
NVIDIA gains as China H200 chip shipment hopes build
Today at 07:34 AM 7
Period: 31.12.2025 Expectation: 900 pips
Buying SPX on dip toward $6,810
Today at 05:08 AM 13
Period: 31.12.2025 Expectation: 840 pips
Buying AUDUSD amid monetary policy divergence and technical rebound
Yesterday at 10:26 AM 44
Go to forecasts