Economist Rebekah Young of the Bank of Nova Scotia in Canada stated that considering the short-term need to meet the demands of President-elect Trump to enhance border security, as well as to accelerate defense spending to reach 2% of GDP or the NATO-agreed target, Canada faces potential fiscal tightening. Canadian officials may also need to establish fiscal reserves to mitigate the impact of the new U.S. tariff policies under Trump's leadership. Although Canada is closely integrated with the U.S. economy, no one may be envious of Canada now. Rebekah listed the following reasons: rising levels of household and corporate debt in Canada, poor production records, as well as significant deficiencies in housing, infrastructure, and social services.