Carney Says U.S. Ties Have Become a Canadian Weakness in National Address
Carney said tariffs and uncertainty are hurting auto, steel and lumber workers as Canada seeks new trade partners and a broader economic strategy.
- On Sunday, Prime Minister Mark Carney released a 10-minute video declaring Canada's economic ties to the United States have become a "weakness" and pledging to pursue diversification to reduce reliance on the U.S.
- Mounting U.S. tariffs on steel, aluminum, and autos hurt Canadian exporters, with exports to the U.S. declining nearly 6 per cent in 2025, prompting Carney to prioritize the Canada Strong plan.
- Invoking War of 1812 hero General Isaac Brock, Carney outlined ambitious goals to catalyze a trillion dollars in investment and double exports beyond the U.S. by 2035.
- President Donald Trump rebuked the address, stating, "Canada lives because of the United States," and warned Carney to remember this for future statements; Carney promised regular updates on diversification efforts.
- To withstand foreign disruptions, the government aims to double clean energy capacity and build new trade corridors, with Carney vowing to "never sugarcoat" the challenges of taking back control of Canada's future.
56 Articles
56 Articles
Canada's prime minister says economic connection to the U.S. has shifted from a strength to a weakness
Prime Minister Mark Carney said tariffs imposed by U.S. President Donald Trump have impacted workers in such major industries as auto and steel and prompted businesses to hold back investments.
Mark Carney calls Canada’s US ties a weakness
Canadian Prime Minister Mark Carney on Sunday said his country’s close ties to the US have become “weaknesses,” as Ottawa looks to become less dependent on Washington ahead of major trade negotiations this year.Carney’s remarks — “It’s our future. We are taking back control,” he said — came two days after US Commerce Secretary Howard Lutnick blasted Canada’s trade strategy.Lutnick said at Semafor World Economy that the current US-Mexico-Canada a…
Canada.- Canadian Prime Minister Mark Carney said today in a video message that his country's strong economic ties with the United States were often a strength, but that they are currently a weakness to be corrected. Carney spoke of his Government's efforts to strengthen the Canadian economy by attracting new investments and signing trade agreements with other countries. "The world is more dangerous and more divided," Carney said. "The United St…
Canada's Shift: Mark Carney Calls for Economic Independence
Canada's Shift: Mark Carney Calls for Economic Independence In a revealing video address, Canadian Prime Minister Mark Carney stressed the urgent need for Canada to reassess its economic dependence on the United States—a relationship once deemed beneficial but now perceived as a vulnerability amidst the current global economic landscape.Mark Carney articulated his government's strategies aimed at bolstering Canada's economic autonomy through ent…
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