Mark Carney

Carney’s Trade Strategy: “Buy Canadian” as a Response to Trump’s Tariffs

Canadian Prime Minister Mark Carney’s answer to Trump’s trade war: Buy Canadian

The core concept of “Buy Canadian” as a response to Trump’s trade war is a straightforward, almost instinctive, reaction. It’s about bolstering the Canadian economy from within, supporting Canadian businesses, and reducing reliance on the potentially volatile American market. This seems to be the central tenet, a call to action designed to weather the economic storm brewing between the two nations.

The conversation highlights the nuances of this approach. Some see “Buy Canadian” as a necessary act of economic self-preservation. With the US imposing tariffs, the rationale goes, strengthening domestic industries and creating new export markets becomes crucial.… Continue reading

Canada’s Carney: Putin Won’t Dictate Ukraine Peace Terms

Canadian Prime Minister Mark Carney stated that Russian President Vladimir Putin will not dictate peace terms in Ukraine, citing him as the cause of the war and the ongoing killing. Putin has threatened that foreign troops on Ukrainian soil would be targeted, but allies are discussing security guarantees for Kyiv. Carney added that allies will maintain sanctions on Russia and support Ukraine until hostilities cease. Meetings, including one in Paris with 39 countries, focused on potential security guarantees and support for Ukraine.

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Carney Announces Billions, Buy Canada Plan to Counter Tariffs

Prime Minister Mark Carney announced a series of measures designed to bolster Canada’s economy against trade disruptions, particularly those stemming from the U.S. These measures include a pause on the electric vehicle (EV) mandate, a $5 billion strategic response fund to aid businesses, and a “Buy Canadian” policy to prioritize domestic procurement. Additional initiatives involve a reskilling package for up to 50,000 workers, expanded employment insurance benefits, and increased loan availability for small and medium-sized enterprises. The government will also provide assistance to the agricultural and seafood sectors, which have been negatively impacted by tariffs.

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Hard-Right Think Tank Head Cancels Meeting with Carney After Invitation

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Project 2025 Architect Speaks at Canadian Cabinet Meeting: A Strategic Move?

A key figure behind Project 2025, a comprehensive conservative policy blueprint, is scheduled to address Prime Minister Mark Carney’s cabinet in closed-door meetings. The Heritage Foundation’s Kevin Roberts, whose organization spearheaded the project, will discuss the evolving U.S. economic and security relationship, offering insights into the Trump administration’s potential priorities. Project 2025 proposes significant changes, including dismantling the administrative state, and restoring the family as the centerpiece of American life, and has been the subject of considerable controversy. The Canadian government aims to gain valuable perspective in preparation for the upcoming Canada-U.S.-Mexico Agreement (CUSMA) review next year.

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Canada Diversifies Trade: Eyeing Germany to Counter US Tariff Risks

Canada looks to Germany to offset Trump tariff agenda, and it’s definitely a move that makes a lot of sense right now. It seems like Prime Minister Mark Carney is focusing on strengthening ties with Germany, particularly in areas like clean energy, critical minerals, and defense, to create some economic stability in the face of potential U.S. tariff pressures. That’s a good strategic move, really.

This isn’t just about Germany, though. It’s also about diversifying Canada’s trading partners. The focus is shifting away from the US, because the situation is increasingly unpredictable. Canada has the resources that countries like Germany need, and it seems like they’re keen on finding new, dependable trading partners.… Continue reading

Carney Considers Tariff Cuts to Aid Canadian Industries Amid Trade War

Following the failure to reach a trade deal by the August 1 deadline, Prime Minister Mark Carney has signaled a potentially conciliatory approach to U.S. tariffs, suggesting the possibility of removing existing Canadian tariffs if it benefits Canadian industries. This contrasts with the pressure from some Canadian officials to retaliate against the increased 35% import tax on certain Canadian goods, which the Trump administration claims is a response to fentanyl trafficking and previous Canadian tariffs. Carney’s government is also allocating $1.2 billion in support for the softwood lumber industry, which faces substantial U.S. duties and is working towards diversifying markets. The Prime Minister is under pressure from many to secure a favorable trade agreement with the United States.

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Canada to Recognize Palestinian State in September If Conditions Are Met

Prime Minister Mark Carney announced that Canada will recognize a Palestinian state at the UN General Assembly in September, contingent upon the West Bank’s governing body agreeing to certain conditions. These conditions include holding an election in 2026 and committing to other democratic reforms, while also ensuring Hamas has no role in the election. This decision was influenced by the possibility of a two-state solution being “eroded before our eyes” and the ongoing humanitarian crisis in Gaza. The move follows similar commitments from other allied countries and has been met with mixed reactions, with Israel rejecting the plans and some Canadian political parties denouncing the decision.

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Carney’s Criticism of Israel’s Gaza Aid Stance Sparks Debate

Prime Minister Mark Carney has condemned Israel’s denial of humanitarian aid to Gaza, labeling it a violation of international law. He demanded Israel relinquish control of aid distribution, highlighting the blockage of Canadian-funded aid intended for starving civilians. This statement follows French President Emmanuel Macron’s announcement of France’s intent to recognize a Palestinian state at the UN General Assembly. Federal Foreign Affairs Minister Anita Anand plans to attend a conference in New York to discuss Macron’s decision and, alongside 24 of her international counterparts, signed a joint statement calling Israel’s aid distribution “dangerous” and demanding an immediate end to the war in Gaza.

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Carney: Canada Won’t Settle for Bad US Tariff Deal

Canadian Prime Minister Mark Carney has stated that Canada will not accept a “bad deal” in its trade negotiations with the United States, amidst escalating tariffs imposed by the Trump administration. The US has already implemented tariffs on Canadian goods, including steel and aluminum, prompting Canada to consider counter-measures to protect its key industries and overall economy. The deadline of August 1st looms as President Trump threatens new tariffs, further straining the relationship between the two major trading partners. The Canadian government is focused on securing a trade agreement that benefits Canadians, not simply reaching a deal regardless of the terms.

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