PM Carney

Prime Minister Carney Unveils Comprehensive Plan to Safeguard and Transform Canada’s Steel and Lumber Sectors

Prime Minister Carney Unveils Comprehensive Plan to Safeguard and Transform Canada’s Steel and Lumber Sectors

OTTAWA (Rajeev Sharma): Prime Minister Mark Carney announced far-reaching measures to protect and strengthen Canada's steel and softwood lumber industries amidst intensifying global trade instability, particularly in light of significant shifts in U.S. trade policy. The government positioned these initiatives as crucial steps toward reducing Canada's reliance on a single trade partner and building a more resilient, self-sufficient economy.The new strategy imposes stricter restrictions on foreign steel imports, substantially lowering tariff rate quota levels for countries without free trade agreements with Canada and for non-CUSMA free trade partners. A new global tariff of 25 per cent will be levied on…
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Prime Minister Carney Negotiates Landmark UAE Trade and Investment Accords During Maiden Official Visit, Including Unprecedented $70 Billion Investment in Canada

Prime Minister Carney Negotiates Landmark UAE Trade and Investment Accords During Maiden Official Visit, Including Unprecedented $70 Billion Investment in Canada

ABU DHABI (National Times): Prime Minister Mark Carney has concluded a landmark visit to Abu Dhabi, securing a series of major agreements aimed at dramatically expanding Canada’s trade relationship with the United Arab Emirates and attracting unprecedented levels of foreign investment into the Canadian economy. The visit comes as Canada pursues an ambitious strategy to double non-U.S. exports over the next decade and unlock $1 trillion in new investment over five years.Carney and UAE President Sheikh Mohamed bin Zayed Al Nahyan signed a new Canada-UAE Foreign Investment Promotion and Protection Agreement, establishing clear and predictable rules for investors and setting…
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Prime Minister Carney meets with Prime Minister of India Narendra Modi

Prime Minister Carney meets with Prime Minister of India Narendra Modi

Kananaskis,(Rajeev Sharma): Today, Prime Minister Mark Carney met with Indian Prime Minister Narendra Modi at the G7 Leaders’ Summit in Kananaskis, Alberta.Prime Minister Carney and Prime Minister Modi reaffirmed the significance of Canada-India relations, founded upon mutual respect, the rule of law, and a commitment to sovereignty and territorial integrity. The leaders agreed to appoint new high commissioners, aiming to restore regular services for citizens and businesses in both countries. They discussed the strong historical ties between the two nations, partnerships in the Indo-Pacific region, and notable commercial links between Canada and India – including partnerships in economic growth, supply…
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