Carney did not adopt the term "associate member" used a day earlier by von der Leyen, but said he appreciated "the ambition" that her suggestion conveyed.
The EU has proposed making Canada its first associate member, prompting Trump to warn of 'very heavy tariffs' if he sees the move as a 'hostile act' by Europe
The EU wants Canada to become its first 'associate member', paving the way for closer economic and defence ties, but the proposed status has no established legal framework yet
The invitation by the EU for Canada to become an "associate member" is a sign of Trump's brand of diplomacy, which often involves threatening America's closest friends
European Union lawmakers gave a standing ovation after she made the proposal and then walked over to embrace Canada's Prime Minister Mark Carney,
India and Canada on Monday started fourth round of negotiations for the proposed Comprehensive Economic Partnership Agreement (CEPA) here, as the two sides look to conclude the talks this year, an official said. The issues that would figure in the five-day (September 14-18) talks include trade in goods, services, rules of origin, and technical trade barriers, among others. The third round was held in July in Ottawa, the official said. The negotiations are important as the two sides have targeted to increase bilateral trade to USD 50 billion by 2030. In 2025-26, two-way trade dipped 8.22 per cent to USD 7.95 billion (USD 4.67 billion exports and USD 3.28 billion imports) from USD 8.66 billion in 2024-25 (USD 4.22 billion exports and USD 4.44 billion imports). Key exports from India to Canada include pharmaceuticals, iron and steel, seafood, cotton garments, electronic goods and chemicals, among others. The main imports include pulses, pearls and semi-precious stones, coal, fertili
US President Donald Trump wants factories and investment moving south to the United States. Canadian Prime Minister Mark Carney is betting he can make billions flow north. About 300 CEOs and senior executives from some of the world's biggest investment firms will descend on the Four Seasons in Yorkville, a tony Toronto enclave of high-end restaurants and designer boutiques, for Carney's Canada Investment Summit this week. The investors collectively manage more than $120 trillion in assets, underscoring the scale of capital Carney hopes to tap as Canada tries to attract billions in new investment and reduce its economic dependence on the United States. "Canada is about so much more than being next to the United States," Carney said. "We have what the world wants." Carney pointed to Canada's vast energy and critical-mineral resources, its highly educated workforce and trade agreements that give businesses based in Canada access to roughly 1.5 billion consumers around the world. He s
Trump said a trade deal with Canada could come "fairly soon" as the two countries remain locked in a tariff dispute with no formal talks confirmed
The US and Canada have stepped up their trade war, with both sides imposing new tariffs and curbs on goods amid a breakdown in negotiations
President Donald Trump had earlier hinted at the move in response to bans on US alcohol products by several Canadian provinces
The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said on Tuesday, as the trade war between the two nations escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on USD 20 billion in US imports earlier Tuesday. US President Donald Trump on Tuesday moved to shut Canadian products out of large, long-term US government contracts as Canada's retaliatory tariffs took effect and Prime Minister Mark Carney vowed to speed efforts to reduce the country's dependence on the United States. Trump directed the US General Services Administration to declare Canadian products ineligible for those contracts until Canada allows "full and fair reciprocity" for American products. Earlier on Tuesday, Carney said Canada's strategy was about becoming more independent. "It's about ensuring that no country can hold us hostage. And that we can live how we want to live." Canada is exploring ties w
The counter-tariffs cover $20 billion of US goods, with duties ranging from 15% to 50% across products from steel and furniture to clothing and electronics
Canada is set to introduce a wave of counter-tariffs against the US on Tuesday
Canada's food safety agency is assessing whether an Indian operation that used fake expiry dates and nutrition information on food products poses a risk to imports
Investment comes ahead of Altius' planned transition to a publicly listed InvIT through an offering expected to raise around Rs 6,000 crore
Streaming platform offers over 160,000 hours of content in more than 12 languages as it targets the South Asian diaspora and broader audiences in three markets
Nearly one in three immigrants in Canada with a post-secondary education report that they are overqualified for their jobs
The two countries are discussing a free trade agreement aimed at boosting bilateral trade, while also exploring a financial investment protection agreement
In a bid to deepen bilateral economic and financial cooperation, India and Canada have said they are looking to conclude negotiations on a Comprehensive Economic Partnership Agreement by the end of 2026 and initiate talks on a Bilateral Investment Treaty at the earliest. At the inaugural Economic and Financial Dialogue in Toronto on Thursday, Finance Minister Nirmala Sitharaman and Minister of Finance and National Revenue, Francois-Philippe Champagne of Canada agreed to support engagement between relevant authorities and stakeholders to explore opportunities relating to cross-border remittances and merchant payments. They welcomed opportunities to broaden the use of UPI in Canada through partnerships with payment service providers, recognising that such efforts could contribute to faster, and cost-effective payments and support bilateral trade, tourism, education, and the growth of small and medium-sized enterprises in both countries, as per a joint statement issued after inaugural .
Lake Ontario is one of the Great Lakes and straddles the US-Canada border between the state of New York and the province of Ontario