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Canada–US trade collapse is here, and silver price in Canadian dollars is reacting fast. In this video we break down the Bank of Canada bombshell statement, the loonie weakness, and why silver could be entering a new bull market. On February 5th, 2026, Bank of Canada Governor Tiff Macklem publicly said: “Open trade with the United States is over.” That single sentence may be one of the most important economic shifts in Canadian history — and it directly connects to the chaos we’ve seen in silver markets, currency volatility, and the restructuring of the Canadian economy. We’ll cover: Silver price in CAD vs USD (and why Canadians get a “double boost”) What the end of open trade means for Canada’s GDP and growth outlook USD/CAD breakdown and what’s driving loonie weakness The January 2026 silver rally and the Friday Flash Crash liquidation Physical silver demand vs paper market manipulation/liquidation China’s new silver export restrictions (2026) and supply squeeze Gold-silver ratio collapse and silver’s return as a monetary metal What to watch next: key silver support zones + macro triggers This is not hype. This is the macro story mainstream analysts are missing. ⚠️ Important: This content is for educational purposes only and is not financial advice. Silver and gold can be extremely volatile. Always do your own research and manage risk. If you found this breakdown helpful, hit LIKE, SUBSCRIBE, and drop your silver price target in the comments — I read them all.