Mark Carney Archives - Page 2 of 20

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…

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…