Back

Canada's Carney: We are ready to meet with Trump when there's respect for Canada's sovereignty

Mark Carney, the candidate who has been tapped to replace incumbent Prime Minister Justin Trudeau, has signalled that he and the Canadian administration responsible for cross-border discussions are ready and prepared to begin holding meetings with their US counterparts, and US President Donald Trump specifically to discuss trade matters. However, incoming PM Carney has fired a shot across Trump's bow, warning that Canada may not be coming to the talks table with the somber, begging approach that President Trump may be hoping for. Future-PM Carney noted that Trump is expected to respect Canada's sovereignty as the nation remains unavailable and uninterested in being 'acquired' by the US.

Key highlights

We are ready to sit down with the US government and with Trump to discuss tariffs and trade.

I am ready to meet with Trump, looking for a common approach.

I'm ready to sit down with Trump at the appropriate time, when there's respect for Canadian sovereignty.

USD/CAD gauges temporary support near 1.4400 after US CPI, BoC’s policy decision

The USD/CAD pair looks for temporary support near the key level of 1.4400 during North American trading hours on Wednesday after the release of the United States (US) Consumer Price Index (CPI) data for February and the Bank of Canada’s (BoC) interest rate decision.
Read more Previous

GBP/USD slides despite cooling US inflation, eyes on US PPI

The Pound Sterling depreciated against the US Dollar on Wednesday as US inflation data revealed the disinflation process continued.
Read more Next