PM Mark Carney Signals Readiness for Mutual US Trade Deal, Rejects ‘Uninformed’ Claims
POLICY WIRE — Ottawa, Canada — Prime Minister Mark Carney announced Thursday that his administration is prepared to finalize a trade agreement with the United States, provided the terms are mutually...
POLICY WIRE — Ottawa, Canada — Prime Minister Mark Carney announced Thursday that his administration is prepared to finalize a trade agreement with the United States, provided the terms are mutually beneficial.
Carney emphasized that any potential accord must be grounded in credibility and stability to be viable.
The Prime Minister dismissed assertions from the U.S. that Canada had walked away from negotiations due to internal political pressures, labeling those claims as uninformed.
According to Carney, a successful deal remains achievable, but it must ensure that Canada’s steel and automotive industries remain competitive.
Over the past 18 months, Canada’s new government has focused on building our strength at home, diversifying our partnerships abroad, and striking a fair deal with the United States, Carney stated.
He further explained that a primary goal of the negotiations has been to “Preserve tariff-free access to the U.S. for the vast” majority of Canadian exports.
Carney noted that while Canadians have historically relied on a stable relationship and open market access with the U.S., the government is now walking away from a bad deal to determine the best path forward.
In a separate move to bolster economic growth, Carney appointed Dominic Barton as the new chair of Invest in Canada.
Barton takes over the role from outgoing CEO Laurel Broten, who previously served as a minister in the Ontario cabinet.
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The Prime Minister also convened a series of meetings with prominent business leaders to align on trade priorities and strategies to attract investment.
A statement from the Prime Minister’s Office indicated that these discussions focused on current trade developments and the government’s goals for economic expansion.
Industry representatives were encouraged to provide their specific sectoral perspectives during these sessions.
Among the 23 companies in attendance were major firms such as RBC, Bell Canada, Enbridge, and Bombardier.
Other notable participants included Nutrien, Suncor, and CN Rail.
Reporting by Policy-Wire (PW)
