economy
Carney calls for new US-Canada partnership to ‘help make America great again’
Canada prime minister urges greater economic cooperation between the two countries in speech delivered in New York
TL;DR
- Canadian Prime Minister Mark Carney advocates for a new "true partnership" with the United States.
- Carney believes a stronger Canada can contribute to "making America great again" through enhanced cooperation.
- The call comes ahead of the mandatory review of the United States-Mexico-Canada Agreement (USMCA).
- Canada is diversifying trade deals to increase strategic autonomy amid concerns of 'weaponized' global integration.
- Carney highlighted specific sectors for cooperation: energy, critical minerals, and the automotive industry.
- Canada is a significant supplier of natural gas, electricity, crude oil, and critical minerals to the US.
- The integrated North American automotive market is presented as crucial for confronting global competition.
- Carney aims to double Canada's non-US exports in the next decade due to US tariffs causing investment chill.