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Mark Carney
Prime Minister Mark Carney said Thursday that Canada is intensifying negotiations with the United States to reach a comprehensive trade deal but is prepared to respond should President Donald Trump's threat of 50 per cent tariffs on Canadian goods comes into affect. The new tariffs, announced by Trump on Monday, are scheduled to come into effect Aug 19. "If these tariffs, or other measures come into force, there's a full range of things that we can do in that regard," Carney said after meeting with Canada's premiers and territorial leaders in Charletown, Prince Edward Island. Carney said "everything's on the table" if an agreement can't be reached before the tariffs kick in. "We don't need to respond in advance," he said. "In fact, I think it would be counterproductive at this stage to respond in advance." The new tariffs cover a wide range of goods, including honey, liquor, cement, dairy products, some wood products, hockey sticks and other items. They exclude energy products, ..
US President Donald Trump on Monday imposed 50 per cent tariffs on most Canadian goods, declaring that Canada has unfairly discriminated against American autos, alcohol and dairy products. The move could unleash a new wave of economic chaos, with risks of higher inflation and further fraying of relations between two nations that had been closely woven together before Trump's return to the White House. The administration official previewing the action said that Canada was one of the only nations other than China that retaliated against Trump's previous tariffs and must be held accountable. The official insisted on anonymity on a call with reporters to preview the president's actions and said that Trump signed three proclamations to launch the tariffs under Section 338 of the 1930 Trade Act. Several Democratic lawmakers last year proposed repealing the section because they said Trump could use it to destabilize the economy. The 50 per cent tariffs would exclude energy products, potash
India and Canada on Tuesday agreed to conclude negotiations for a free trade agreement by the year-end as Prime Minister Narendra Modi held wide-ranging talks with his Canadian counterpart Mark Carney on boosting ties in areas of defence, trade and energy. Modi and Carney met on the sidelines of the G7 Summit in Evian-les-Bains in eastern France. "It was a delight to meet Prime Minister Carney on the sidelines of the Evian G7 Summit," Modi said in a post on X. "In less than a year, it is our fourth meeting, indicating our commitment to strong India-Canada ties. We reviewed the full range of relations between our nations, notably the ground covered since we last met," he said. During the meeting, the two leaders reaffirmed concluding the negotiations for a Comprehensive Economic Partnership Agreement (CEPA) this year, the Ministry of External Affairs (MEA) said in a statement. "Both sides expressed satisfaction with the progress in negotiations towards a Comprehensive Economic ...
Canadian Prime Minister Mark Carney said Sunday US restrictions on Anthropic's newest AI models show the dangers of overreliance on a limited number of American providers. AI giant Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals. The export controls mark the US government's most significant step to date to restrict access to the most advanced AI models. Anthropic released Fable widely this week. That model is a limited version of the even more advanced Mythos, to which the company has tightly limited access due to cybersecurity fears. "The situation we're in collectively right now with Mthos and Fable is something that can happen with overreliance on certain models" Carney said. "Nobody has done anything wrong in the situation. But we will have done something wrong if we just accept this, don't take the lesson, don't
Canadian Prime Minister Mark Carney called for a new partnership with the United States on Thursday, just weeks before President Donald Trump decides on whether to renew the free trade agreement between the countries. Carney said in a speech at the Economic Club of New York that there should be a "true partnership" that re-imagines cooperation in specific sectors challenged by global competition. He made the remarks ahead of the mandatory review of United States-Mexico-Canada Agreement, or USMCA, in July. Carney said Canada is diversifying away from the US and signing trade deals with dozens of countries around the world. "Our core objective across these partnerships is to increase our strategic autonomy. Because we live in a world where integration has been weaponised. Because a country that cannot feed, fuel or defend itself is not truly sovereign," Carney said. Trump's actions -- including launching a trade war and suggesting Canada become the 51st US state -- have infuriated .
Canadian Prime Minister Mark Carney secured a majority government with a special election outcome Monday night, allowing his Liberals to pass legislation without the support of opposition parties. Voters cast ballots for three vacant seats of the 343 districts represented in Parliament. The public Canadian Broadcasting Corporation projected a Liberal win in a Toronto district. Results for two other districts are expected Monday night. Carney won Canada's election last year fueled by public anger over US President Donald Trump's annexation threats. His Liberal party could stay in power until 2029 after Monday's results. Five defections from opposition parties to Carney, including four from the main opposition Conservative party, put Carney's Liberals on the cusp of the majority. Before Monday's results, the Liberals had 171 members of Parliament in the House of Commons. One of those defectors referenced Carney's speech at the World Economic Forum in Davos, Switzerland, as helping
The Canadian and Australian prime ministers on Thursday called for a de-escalation of the Iran war but added the Iranians must never gain a nuclear weapon. Canada's Mark Carney and his Australian counterpart Anthony Albanese discussed the war during their meeting in Australia's capital, Canberra. The meeting came after news that a US submarine sank an Iranian warship in the Indian Ocean and Turkiye said NATO defences intercepted a ballistic missile launched from Iran before it entered Turkiye's airspace. "We want to see a broader de-escalation of these hostilities with a broader group of countries than just the direct belligerents involved," Carney said at a press conference with Albanese. "We stress that that cannot be achieved unless we're in a position that Iran's ability to acquire a nuclear weapon, develop a nuclear weapon, and to export terrorism, is ended. So that process must lead to those outcomes," Carney added. He said the six-nation Gulf Cooperation Council, which were