Is the U.S. subsidising Canada as Trump often claims?
No. This is a false claim by President Trump.
Trump is referring to the United States trade deficit with Canada, which is not a subsidy.
The export of needed oil and energy from Canada accounts for much of the trade deficit. A 2025 report by the National Bank of Canada illustrates that, except for Canadian oil and gas exports, America sells more in Canada than Canada sells to the U.S.
Share this page
