Mark Carney Archives - National Times

15 May

Carney Government Considers Major “Asset Recycling” Plan Involving Airports and Ports to Fund Infrastructure

Rajeev Sharma0 CommentsCanada, OntarioMark Carney

Toronto ( Rajeev Sharma): Prime Minister Mark Carney has confirmed that the federal government is exploring a large-scale “asset recycling” strategy that could involve selling or restructuring public assets such as airports and ports to raise capital for national infrastructure and economic growth priorities. The approach is being considered as a way to help finance a new infrastructure package reportedly valued at around $25 billion. Under the proposed framework, the government would “recycle” capital currently tied up in federally owned assets and redirect it toward new nation-building projects. Officials say the concept is still in early development stages and no…

15 May

Carney and Smith to Announce Major Canada–Alberta Energy Deal on Friday in Calgary

Rajeev Sharma0 CommentsAlberta, Canada, TrendingDanielle Smith, Mark Carney

Calgary (Rajeev Sharma): Prime Minister Mark Carney and Alberta Premier Danielle Smith will jointly announce a significant energy agreement in Calgary on Friday 15th May, focusing on industrial carbon pricing and progress on a potential west coast pipeline. The expected deal will outline a framework to align federal and Alberta carbon pricing policies, with a long term industrial price target of around $130 per tonne by 2040. It is also expected to advance planning discussions for a proposed oil pipeline to British Columbia’s coast, although no final approval is anticipated. Officials say the agreement is part of ongoing negotiations aimed…

05 May

Prime Minister Mark Carney Faces Growing Alberta Separatist Momentum as Referendum Signatures Surpass Threshold

Rajeev Sharma0 CommentsCanadaAlberta referendum, Alberta separation, Canadian politics, Danielle Smith, Mark Carney, Stay Free Alberta

Edmonton (Rajeev Sharma): Canadian Prime Minister Mark Carney is confronting a significant new political challenge as a separatist movement in Alberta gains unprecedented momentum, echoing the constitutional tensions historically associated with Quebec. On Monday, activists representing the push for Alberta’s independence announced the submission of nearly 302,000 signatures to provincial authorities, a figure that comfortably exceeds the 178,000 required to force a formal consideration of a referendum. This surge in organized discontent presents a fresh headache for the Carney administration, which is already navigating a complex national landscape. Alberta Premier Danielle Smith has indicated that she will proceed with a…

19 Apr

Canada PM Mark Carney Joins Sikh Community at Ottawa Gurdwara to Mark Sikh Heritage Month

Rajeev Sharma0 CommentsCanada, Ontario, TrendingMark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney marked Sikh Heritage Month by visiting a prominent gurdwara in Ottawa, where he participated in community service and interacted with members of the Sikh community. During his visit to Gurdwara Sahib Ottawa, the Prime Minister joined volunteers in sewa, highlighting the importance of inclusivity and community engagement. The visit formed part of nationwide celebrations recognising the contributions of Sikh Canadians. Sharing his message on social media platform X, Carney noted that Canada is home to one of the largest Sikh populations globally. He acknowledged the role played by Sikh men and women…

16 Apr

Finland’s President Backs Canada’s Trade Strategy, Warns of Prolonged Ukraine War

Rajeev Sharma0 CommentsCanadaAlexander Stubb, Canada Finland relations, Mark Carney, NATO, Ukraine war

OTTAWA (Rajeev Sharma)— Alexander Stubb has endorsed Canada’s efforts to diversify trade beyond the United States, calling the approach both strategic and necessary in a rapidly shifting global order.Speaking at Carleton University on Wednesday, Stubb described the current geopolitical climate as deeply uncertain. He said Canada is “doing all the right things” by expanding ties with partners such as India, China, and the European Union while maintaining its longstanding relationship with the U.S.Stubb’s remarks came during a two-day visit to Ottawa, where he met with Mark Carney to strengthen economic and security cooperation between the two countries. The Finnish leader…

15 Apr

Prime Minister Mark Carney suspends federal fuel tax to combat war-driven price surge

Rajeev Sharma0 CommentsCanadaAffordability crisis 2026, Canada majority government, Federal fuel tax suspension, Mark Carney

Ottawa (Rajeev Sharma): In his first major policy move after securing a majority government, Canadian Prime Minister Mark Carney announced on Tuesday, April 14, 2026, the suspension of the federal fuel excise tax. The decision comes as a direct response to the escalating conflict in West Asia and the closure of the Strait of Hormuz, which have sent global energy prices to historic highs. The suspension will take effect next Monday and remain in place until Labour Day, September 7, 2026. Carney described the move as a "responsible, temporary measure" aimed at providing immediate relief to Canadian households, truckers, and…

02 Apr

India and Canada to resume high-level trade talks as relations thaw

Gurpreet Singh0 CommentsCanada, IndiaCEPA negotiations, India-Canada trade, Mark Carney, Piyush Goyal

New Delhi (Gurpreet Singh): India and Canada are set to reconvene their Joint Commission on Trade in late May or early June, marking a significant step toward finalizing a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2024. Union Commerce and Industry Minister Piyush Goyal announced on Thursday that India will send its "largest-ever business delegation" to Canada to accompany the commission. This strategic move follows a successful meeting between Goyal and his Canadian counterpart, Maninder Sidhu, on the sidelines of the WTO Ministerial Meeting in Yaounde, Cameroon, where both nations agreed to fast-track trade negotiations. The upcoming summit…

31 Mar

Prime Minister Mark Carney unveils $3.8 billion “A Force of Nature” strategy to hit 2030 conservation targets

Rajeev Sharma0 CommentsCanadabiodiversity strategy, Indigenous guardians, Mark Carney, Nature conservation

Ottawa (Rajeev Sharma): Prime Minister Mark Carney has launched a sweeping new environmental initiative titled A Force of Nature: Canada’s Strategy to Protect Nature, backed by a $3.8 billion federal investment. The strategy aims to fulfill Canada's international commitment to protect 30% of its land and waters by 2030, a goal established during the 2022 United Nations Biodiversity Conference. Addressing the growing threats of climate change, habitat loss, and destructive wildfires, the Prime Minister framed the preservation of Canada’s natural heritage as both a moral obligation and a central pillar of the country's long-term economic stability. The ambitious plan outlines…

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…