Eurasia Group | Top Risks 2023: Implications for Canada

Implications for Canada

Eurasia Group's Top Risks of 2023
Top Risks is Eurasia Group's annual forecast of the political risks that are most likely to play out over the course of the year. This year's report was published on 3 January 2023.

This marks the first time that Canada has appeared in Eurasia Group's Top Risks report—albeit as a sub-entry under risk #8, Divided States of America. Not only is Ottawa's most important trade and security partner fracturing domestically, but its polarized and even violent political culture is threatening to spread north. That might be a #8 risk globally, but it is a top risk for Canada.

Other significant risks this year reflect the ongoing fallout from the Covid-19 pandemic and Russia's invasion of Ukraine, threats to democracy from disruptive technologies and authoritarian states, and longer-term challenges such as climate and generational change. Canada will be affected by some risks more than others, but its citizens, businesses, and policymakers will need to grapple with the consequences of them all.

Here are some of the key takeaways for Canada and Canadians. For the full list of top 10 global risks this year, please see Eurasia Group's Top Risks of 2023.