Mark Carney Archives - Page 3 of 20

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…

18 Feb

Conservative MP Matt Jeneroux Joins Liberals, Becomes Third Floor-Crosser in Three Months

Rajeev Sharma0 CommentsCanadaCanada Politics, Conservative Party, floor crossing, Liberal Party, Mark Carney, Matt Jeneroux

Ottawa (Rajeev Sharma): Conservative MP Matt Jeneroux has crossed the floor to join the Liberal caucus, Prime Minister Mark Carney announced Wednesday, marking the third defection from the Conservatives in the past three months. In a post on social media, Carney welcomed Jeneroux and said that building a stronger and more resilient Canada requires “ambition, collaboration and, at times, sacrifice.” He also thanked the Edmonton Riverbend MP and his family for their continued public service. Jeneroux confirmed his decision separately, stating that after consulting with his family, constituents and colleagues, he chose to remain in Parliament and work with the…

16 Feb

Canada Joins EU’s SAFE Defence Program, Expands Access to European Military Projects

Rajeev Sharma0 CommentsCanadaCanada SAFE, EU defence, EU loans, Mark Carney, McGuinty

Ottawa (Rajeev Sharma): Canada has formally joined the European Union’s Security Action for Europe (SAFE) initiative, Defence Minister David McGuinty announced, marking a significant step in deepening defence cooperation with Europe. As per the sources, McGuinty said the agreement would enhance collective security, strengthen defence capabilities and open new opportunities for Canadian firms in European defence markets. He added that the move would also contribute to broader European and Ukrainian security efforts. Canada’s official entry into SAFE comes less than a year after Prime Minister Mark Carney signed a strategic defence and security partnership with the European Union, which included…

10 Feb

Canada to Add Thousands of EV Chargers as Ottawa Steps Up Push for Electric Mobility

Rajeev Sharma0 CommentsCanadaauto strategy, Canada EV infrastructure, electric vehicle chargers, federal funding, Mark Carney

Ottawa (Rajeev Sharma): The federal government is moving to significantly expand Canada’s electric vehicle charging network in a bid to reduce range anxiety and encourage more drivers to switch to EVs. On Tuesday, the ministers of environment, energy and transport are expected to announce an investment of 84.4 million dollars to support the installation of more than 8,000 new public charging stations across the country. The funding is part of a broader effort to prepare Canada for a rapid increase in electric vehicle adoption over the next decade. In addition to charging infrastructure, the government will allocate 5.7 million dollars…

04 Feb

Ottawa Questions Purpose of Conservative MP Jamil Jivani’s Washington Visit

Rajeev Sharma0 CommentsCanadaCanada–U.S. relations, Dominic LeBlanc, Jamil Jivani, Mark Carney, Washington visit

Washington/Ottawa (Rajeev Sharma): Conservative MP Jamil Jivani’s trip to Washington to meet political and business leaders has drawn a cautious response from the federal government, with senior officials questioning the scope and mandate of his outreach. Prime Minister Mark Carney on Tuesday expressed skepticism about the Bowmanville–Oshawa North MP’s role in Canada–U.S. relations, noting that Jivani is neither the minister of international trade nor the Conservative Party’s trade critic. Carney confirmed, however, that Canada–U.S. Trade Minister Dominic LeBlanc had briefed Jivani before his departure to the U.S. capital. Jivani, a longtime friend of U.S. Vice-President JD Vance, said in a…

28 Jan

Carney Says Canada-U.S. Relations ‘Good’ as Trade Deal Review and Trump Tariff Threats Loom

Rajeev Sharma0 CommentsCanada, World NewsCanada-U.S. relations, CUSMA review, Donald Trump, Mark Carney

Ottawa (Rajeev Sharma): Prime Minister Mark Carney on Tuesday said Canada’s relationship with the United States remains on stable footing despite heightened rhetoric and tariff threats from U.S. President Donald Trump ahead of a key trade agreement review. Speaking briefly to reporters before a cabinet meeting, Carney said Ottawa continues to have “good conversations” and constructive exchanges with Washington, even as attention intensifies around bilateral trade and security issues. Canada’s free trade agreement with the United States and Mexico (CUSMA) is scheduled for a formal review in July. Carney said Trump’s recent threat of imposing 100 per cent tariffs on…