Mark Carney Archives - National Times

24 Mar

Premier Smith Admits Initial Deadlines for Carney-Smith Pipeline Deal Will Be Missed

Rajeev Sharma0 CommentsCanadaAlberta pipeline deal, CERAWeek 2026, Danielle Smith, industrial carbon pricing, Mark Carney, Pathways Alliance

Edmonton (Rajeev Sharma): Alberta Premier Danielle Smith confirmed on Monday, March 23, 2026, that the first set of deadlines in the high-profile energy and environment agreement with Prime Minister Mark Carney are not expected to be met. Speaking from the CERAWeek energy conference in Houston, Texas, Smith acknowledged that while several components are nearing completion, the April 1 target for a comprehensive deal remains out of reach. The memorandum of understanding, signed last November, was designed to fast-track a new oil pipeline to the British Columbia coast in exchange for Alberta’s alignment with federal climate goals. The delays are primarily…

15 Mar

Canada and Nordic Nations Forge “Middle-Power” Alliance for Arctic Defense and Procurement

Rajeev Sharma0 CommentsCanadaArctic security, Mark Carney, Middle-Power Alliance, Military Procurement, NATO, Nordic Defense

Oslo, Norway (Rajeev Sharma)— In a strategic pivot aimed at securing the increasingly volatile High North, Canada and its Nordic allies have launched a new "Middle-Power Defense Initiative" to coordinate military procurement and Arctic security. The meeting, involving leaders from Canada, Norway, Sweden, Finland, Denmark, and Iceland, focuses on building a unified front to protect shared interests in the Arctic Circle as global tensions and melting ice reshape the region's geopolitics. The dialogue comes as Prime Minister Mark Carney seeks to transition Canada from what he described as "piecemeal" defense spending to a robust, integrated northern strategy. By aligning with…

13 Mar

Carney Government Unveils $35B Arctic Defense and Infrastructure Blitz

Rajeev Sharma0 CommentsCanadaArctic Defense, Canadian sovereignty, F-35, Mackenzie Valley Highway, Mark Carney, NORAD Modernization

Ottawa (Rajeev Sharma) — In a move to transition from "piecemeal" investments to a robust, connected northern network, Prime Minister Mark Carney announced a comprehensive $35-billion plan to overhaul Canada’s military and civilian footprint in the Far North. Speaking from the Canadian military’s joint northern headquarters, Carney emphasized that the initiative is designed to "secure every corner" of the Arctic while unlocking its vast economic potential. The plan leverages approximately $32 billion originally set aside for NORAD modernization, with total spending likely to be revised upward as threats and construction costs evolve. Military Expansion: A New Arctic Shield The centerpiece…

09 Mar

Carney, Trump Hold Strategic Talks on Middle East, Trade and Bilateral Ties

Rajeev Sharma0 CommentsCanada, Ontario, Trending, World NewsDonald Trump, Mark Carney

Ottawa/Washington (Rajeev Sharma): Canadian Prime Minister Mark Carney and US President Donald Trump engaged in high-level discussions on Sunday, addressing economic issues, trade relations, and the ongoing crisis in the Middle East. Both leaders agreed to maintain close communication amid rising regional tensions. Carney shared details of the conversation on X (formerly Twitter), stating that the call covered developments in the Middle East, cross-border trade, and broader economic concerns. He described the exchange as constructive and reaffirmed Canada’s commitment to its allies while prioritising national interests. The call comes after Carney’s earlier remarks during a visit to Canberra, where he…

04 Mar

Canadian PM Mark Carney Calls for “Rapid De-escalation” of Middle East Conflict Amid Concerns Over International Law

Rajeev Sharma0 CommentsCanada, World NewsCanada, De-escalation, diplomacy, International Law, Iran war, Mark Carney, Middle East, US-Israel

Sydney/Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney issued an urgent appeal for a "rapid de-escalation" of hostilities in the Middle East, describing the widening war between the United States, Israel, and Iran as a stark indicator of the "failure of the international order." Speaking to reporters during his diplomatic visit to Australia, the Prime Minister signaled a more cautious shift in Canada's stance, urging all belligerents to respect the established rules of international engagement. The Prime Minister’s remarks follow a series of high-stakes military strikes that began on Saturday with a joint US-Israeli operation in Tehran, which resulted in…

03 Mar

Carney Touches Down in Sydney to Bolster Canada-Australia Trade and Defence Ties

Rajeev Sharma0 CommentsCanada, World NewsAustralia, Defence, Geopolitics, Mark Carney, Trade

Sydney (Rajeev Sharma): Prime Minister Mark Carney has arrived in Australia for a high-stakes diplomatic mission aimed at deepening bilateral collaboration in trade and national security. The Prime Minister landed in Sydney midday Tuesday local time (Monday evening in Canada), marking the start of a multi-city tour through the Commonwealth partner nation. The visit comes at a pivotal time for Indo-Pacific relations. Carney is scheduled to engage with prominent business leaders in Sydney before travelling to the capital, Canberra, on Thursday. In a rare honour for a visiting head of government, he is slated to address the Australian Parliament, where…

02 Mar

India and Canada Sign Terms of Reference for Ambitious Trade Pact; Target $50 Billion Bilateral Trade by 2030

Rajeev Sharma0 CommentsCanada, IndiaHyderabad House, India-Canada CEPA, Mark Carney, Narendra Modi, Piyush Goyal, Trade Pact, Trade Target

New Delhi/Ottawa (Gurpreet Singh/Rajeev Sharma)— In a move designed to reset and revolutionize economic ties, India and Canada officially launched negotiations for a Comprehensive Economic Partnership Agreement (CEPA) on Monday, March 2, 2026. The Terms of Reference (ToR) for the landmark agreement were signed by Indian Commerce Minister Piyush Goyal and Canadian International Trade Minister Maninder Sidhu at Hyderabad House. The exchange took place in the presence of Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney, marking a significant milestone in the first official visit by the Canadian leader to the Indian capital. During the high-profile ceremony, Prime…

28 Feb

Mark Carney’s India Visit Reflects Ottawa’s Strategic Shift, Says Former Envoy Ajay Bisaria

Rajeev Sharma0 CommentsCanada, India, TrendingMark Carney

New Delhi (Rajeev Sharma): Former Indian High Commissioner to Canada Ajay Bisaria has said Canadian Prime Minister Mark Carney’s maiden official trip to India signals renewed confidence in India’s economic trajectory and underscores the potential benefits for Canada in strengthening bilateral ties. Speaking to PTI, Bisaria observed that Carney’s decision to begin his visit in Mumbai highlights Ottawa’s recognition of India’s rapid growth and expanding global influence. According to him, deeper engagement with India could generate significant returns for Canadian investors while also offering access to one of the world’s largest and fastest-growing consumer markets. Bisaria noted that Canada appears…

28 Feb

Mark Carney’s India Tour Signals Fresh Push to Rebuild Ottawa–New Delhi Partnership

Rajeev Sharma0 CommentsCanada, India, Trending, World NewsMark Carney

Mumbai (Rajeev Sharma/Gurpreet Singh): Canadian Prime Minister Mark Carney on Friday commenced a four-day visit to India, choosing Mumbai as the first stop in a trip designed to deepen commercial engagement and reset diplomatic momentum between the two countries. He is travelling with his wife, Daina Fix Carney. Describing India as the fastest-expanding major economy, Carney said his immediate focus would be discussions with corporate leaders to explore investment avenues and generate economic gains for Canadian businesses and workers. After his engagements in Mumbai, the Canadian leader will head to New Delhi on March 1. Talks with Prime Minister Narendra…

18 Feb

Carney Launches Canada’s First Defence Industrial Strategy to Boost Domestic Production

Rajeev Sharma0 CommentsCanadaCAE Montreal, Canada defence strategy, Canadian Armed Forces, Defence Investment Agency, Mark Carney

Montreal (Rajeev Sharma): Prime Minister Mark Carney on Tuesday unveiled Canada’s first-ever defence industrial strategy, aimed at strengthening domestic manufacturing and reducing reliance on foreign suppliers to equip the Canadian Armed Forces. The announcement was made during a visit to simulation technology firm CAE in Montreal, where industry leaders welcomed the move as a major step toward building a stronger national defence sector. CAE president and CEO Matthew Bromberg said the strategy signals a clear commitment to developing a robust defence industrial base in Canada. About half of the company’s contracts are now tied to military work, with 90 per…