Page 4 - Mark Carney

Canada rebuilds trade ties with Asia to counter Trump's tariff plan

In the past three months, Carney has signed a trade deal with Indonesia, moved to boost Canada's gas exports to Asia, and shortlisted a Korean firm for a submarine contract worth tens of billions

Trump not planning to meet Carney amid ongoing spat over Canada trade ad

Shortly before departing, Trump called the commercial "dishonest" and panned the decision to keep airing it during US broadcasts of the World Series

Trump terminates trade talks with Canada after TV ad protests US tariffs

The announcement came after Canadian Prime Minister Mark Carney said he aims to double his country's exports to countries outside the US because of the threat posed by Trump's tariffs

Canada aims to double non-US exports in a decade amid Trump tariff impact

Prime Minister Mark Carney set a goal for Canada to double its non-US exports in the next decade, saying American tariffs are causing a chill in investment. Carney, who will release his government's budget on Nov 4, said Wednesday many of Canada's former strengths based on close ties to America have become vulnerabilities. The jobs of workers in our industries most affected by US tariffs autos, steel, lumber are under threat. Our businesses are holding back investments, restrained by the pall of uncertainty that is hanging over all of us, Carney said. US President Donald Trump has been threatening Canada's economy and sovereignty with tariffs, most offensively by claiming Canada could be the 51st state. Carney reiterated in an evening address to Canadians that the decades-long process of an ever-closer economic relationship between the Canadian and US economies is now over. "The US has fundamentally changed its approach to trade, raising its tariffs to levels last seen during

Carney unveils Canada's talent attraction plan amid US H-1B visa changes

The prime minister has previously said he wants to attract employees from the technology sector who might have otherwise gone to the US if not for President Donald Trump's new visa charges

Canada's PM discusses reviving contentious Keystone XL pipeline with Trump

Canadian Prime Minister Mark Carney raised the prospect of reviving the contentious Keystone XL pipeline project with US President Donald Trump during his White House visit this week, a government official familiar with the matter said Wednesday. A Canadian company pulled the plug on it four years ago after the Canadian government failed to persuade then-President Joe Biden to reverse his cancellation of its permit on the day he took office. It was to transport crude from the oil sand fields of western Canada to Steele City, Nebraska. Trump previously revived the long-delayed project during his first term after it had stalled under the Obama administration. It would have moved up to 830,000 barrels (35 million gallons) of crude daily, connecting in Nebraska to other pipelines that feed oil refineries on the US Gulf Coast. The Canadian government official said Trump was receptive to the idea when it was talked about during their White House meeting Wednesday. The official said Carney

Carney calls Trump 'transformative' prez for 'stopping' India-Pak conflict

Mark Carney has now joined the list of leaders who have praised Trump's efforts in bringing 'peace' between India and Pakistan

Canada to recognise Palestinian state, risking split with US, Israel

Canadian PM Mark Carney cites Gaza crisis and eroded peace framework as Ottawa prepares to recognise Palestine at the UN, joining France and possibly the UK

Trump imposes 35% tariff on Canadian imports to US, effective August 1

Trump imposes 35% tariff on Canadian imports from August 1, warns of escalation if Ottawa retaliates; move part of broader push for blanket tariffs on multiple trade partners

Canadian PM Carney responds to Trump's fentanyl claim for new tariff rates

In a letter sent to the Canadian Prime Minister, US President Donald Trump said the tariffs were in response to the alleged trade barriers and retaliatory actions

Canada resumes trade talks with US following suspension of tech tax plan

Canada withdraws digital tax on US tech firms, prompting resumption of trade talks with Washington; Mark Carney, Donald Trump aim to meet July 21 deadline set during G7 Summit in Kananaskis

PM Modi’s meet with Canadian PM Mark Carney: Key takeaways | India-Canada relation | G7 summit

PM Modi and Canadian PM Mark Carney met on the sidelines of the G7 Summit in Canada on June 17.

PM Modi's presence at G7 summit a 'reflection of global leadership': Mark Carney | India-Canada

India and Canada have agreed to designate new high commissioners, with a view to returning to regular services to citizens and businesses in both countries.

What Canadian PM Mark Carney said on Nijjar killing after meeting PM Modi

After meeting PM Modi at the G7 Summit, Canadian PM Mark Carney called the Nijjar killing a sensitive legal matter, stressing the need for caution and cooperation

PM Modi's presence at G7 summit a 'reflection of global leadership': Carney

Prime Minister Narendra Modi's attendance at the G7 summit is a reflection of the size and dynamism of the Indian economy and the leadership position India plays, Canadian Prime Minister Mark Carney has said. Carney held bilateral discussions with Prime Minister Narendra Modi on the margins of the G7 summit here in Canada on Tuesday. In terms of Prime Minister Modi's attendance at the G7, Prime Minister Modi has attended every G7 since 2018, which is a reflection of the size of the Indian economy, the dynamism of the Indian economy, Indian technology, the leadership position India plays in a host of venues from G20 and beyond, Carney said at a press conference as the G7 Leaders' Summit wrapped up here. So as chair of the G7, hosting the prime minister in that context is entirely natural, entirely consistent. I fully expect the Prime Minister, the Prime Minister of India, will be in attendance at the G7 next year, Carney said. Carney described his bilateral meeting with Modi as ...

At G7 summit, Donald Trump backs return of Russia, hints at adding China

At the G7 summit, Trump said Russia's exclusion has complicated diplomacy and floated including China, drawing sharp contrasts with other leaders

Canada to hit Nato spending target early, reduce reliance on US: PM Carney

Canada will meet NATO's military spending guideline by early next year and diversify defence spending away from the United States, Prime Minister Mark Carney said Monday, asserting that Washington no longer plays a predominant role on the world stage. The announcement means Canada will achieve NATO's spending target of 2 per cent of gross domestic product five years earlier than previously planned. Our military infrastructure and equipment have aged, hindering our military preparedness," Carney said. Only one of our four submarines is seaworthy. Less than half of our maritime fleet and land vehicles are operational. More broadly, we are too reliant on the United States. According to NATO figures, Canada was estimated to be spending 1.33 per cent of GDP on its military budget in 2023, below the 2 per cent target that NATO countries have set for themselves. Canada previously said it was on track to meet NATO's target by the end of the decade. Our goal is to protect Canadians, not to

After Canada PM Carney's invite, PM Modi confirms attendance at G7 summit

Prime Minister Narendra Modi on Friday said he will attend the G7 summit in Canada this month after receiving an invitation from his Canadian counterpart Mark Carney during their first phone conversation. Carney's invitation to Modi to attend the outreach sessions of the G7 Summit signalled Ottawa's intent to repair the ties with New Delhi that plummeted to an all-time low over the killing of a Khalistani separatist. The Ministry of External Affairs (MEA) said Modi and Carney acknowledged the "deep people-to-people ties between India and Canada and reaffirmed their commitment to work together with renewed vigour, guided by mutual respect and shared interests". It said Modi conveyed that he looks forward to their meeting at the summit. Prime Minister Modi accepted the invitation that came over a week before the summit of the influential grouping kicks off. The summit will be held in Canada's Alberta province from June 15 to 17. It is learnt that the phone call was initiated by the

'India, Canada to work with renewed vigour': PM Modi to attend G7 Summit

Prime Minister Narendra Modi will attend the G7 Summit in Canada and meet newly elected PM Mark Carney, expressing hope for stronger India-Canada ties built on mutual respect and shared interests

Trump's 'Golden Dome' offer to Canada: Pay $61 billion or become 51st state

US President Donald Trump says Canada must pay $61 billion to join the Golden Dome missile shield, or it can choose to become the 51st state of the US, in which case the entry would be free