Canada US trade

Prime Minister Mark Carney: Canada’s U.S. Ties Now a “Weakness”

Prime Minister Mark Carney: Canada’s U.S. Ties Now a “Weakness”

Ottawa (Rajeev Sharma): In a stark assessment of the country's economic landscape, Prime Minister Mark Carney declared on Sunday, April 19, 2026, that Canada’s historically deep integration with the United States has transitioned from a strategic asset to a significant national "weakness." Delivering a direct address titled "Forward Guidance," Carney warned that the era of predictable, rule-based North American trade has collapsed, replaced by a climate of aggressive protectionism that leaves Canada’s undiversified economy uniquely exposed. The Prime Minister argued that Canada has spent decades tethering its prosperity to a single market that is now increasingly hostile to international cooperation.…
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Canada has no plans for free trade deal with China: PM Mark Carney

Canada has no plans for free trade deal with China: PM Mark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney on Sunday said that Canada has no intention of pursuing a free trade agreement with China, responding to US President Donald Trump’s warning of imposing 100 per cent tariffs on Canadian goods if Ottawa moved ahead with a trade deal with Beijing. Carney clarified that Canada’s recent engagement with China does not amount to a free trade agreement, but instead focuses on resolving limited tariff-related issues that arose over the past two years. He said Canada has no intention of entering into free trade agreements with China or any other non-market economy.…
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