With the US economy tanking, it's time for us Canadians to look elsewhere as our key trading partner (something this blogger has believed firmly for a long time). Conservatives would love to see us "embed" ourselves further into the US. One can recall the calls to adopt the US currency, and further merge our economies.
Chile recently saw a jump in 140% in it's exports by signing a free trade pact with China - the first nation in the Americas to do so. China has now replaced (get this) the US as Chile's top trading partner.
Times are a-changin'... Time for us to change with them. The next great step in the Canadian experience has to be to rise above the region-specificity we learned from bodies like NATO, and truly become a "world nation". We are loved and respected by the whole world. There is much to gain from expanding that relationship. Closer ties to the Far East, South Asia, and the EU should be key planks in any Liberal foreign policy platform.