Depends on your perspective.
The lowest it's been since 1990 is 4.5%, and that was a post-pandemic bounce-back in 2022. It's been over 10%, but the average is 6.6%. We are only slightly above that, which is amazing considering we are under direct attack from the States.
I would expect those number to drop as Canada severs ties with the US and builds a more robust internal economy.
And remember, every time you "buy Canadian" over something that would have come from the States, you are adding jobs to our workforce while taking them away (hopefully) from the American labour pool 🤗