Like it or not, Canadian monetary and fiscal policy is determined largely by what happens in the US. Diverging too far results in currency distortions.
Take a look at this article! https://www.theepochtimes.com/opinion/accepting-mediocrity-has-become-a-canadian-habit-6054204
Take a look at this article! https://www.theepochtimes.com/us/us-not-renewing-us-mexico-canada-trade-pact-6055950