English transcript

The days of our military sending 70 cents of every dollar to the United States are over.

The progress that we have made in the partnership sets us up well for the new world order.

Our old relationship with the United States, a relationship based on steadily increasing integration, is over.

We recognize that the relationship that Canada has had with the United States, one that for more than 40 years has been based on steadily deepening integration, is over.

From free trade deal through to KUSMA, deepening integration in military aspects.

And that process of deepening integration is over.

The old relationship we had with the United States, based on deepening integration of our economies and tight security and military cooperations, is over.

As I've stressed repeatedly, our old relationship, based on steadily increasing integration, is over.

A system of trade that was anchored on the United States that we as a country have relied on since the end of the Second World War.

A system that, while not perfect, has helped deliver prosperity to our country for decades.

That system is over.

That the old relationship with the United States that we've had is over.

The truth is, over the last few decades, Canada has neither spent enough on our defence nor invested enough in our defence industries.

We've relied too heavily on our geography and others to protect us.

And this has created vulnerabilities that we can no longer afford and dependencies that we can no longer sustain.