Although the tensions between the two North American nations have been tested since the start of 2025, Canada has filed to sell US dollar bongs. Indeed, the country issued a press release this week announcing the launch of USD-denominated global bonds on Tuesday.
The move is connected to the country’s “commitment to maintain liquid foreign reserves or above 3% of nominal gross domestic product,” according to a statement. Moreover, it comes as US President Donald Trump paused tariffs through a trade deal signed late last week.
JUST IN: 🇨🇦 🇺🇸 Canada files to sell US Dollar bonds.
— Watcher.Guru (@WatcherGuru) March 11, 2025
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Canada to Issue US Dollar Bonds Amid Brewing Trade War
Since his return to the White House, US President Donald Trump has formed a rather contentious relationship with his allies to the North. His integration of aggressive economic policy…
