VANCOUVER, Canada. – He canadian prime minister, Mark Carneystated in a video message on Sunday that the strong economic ties of your country with USA They used to be a fortress, but now They are a weakness that must be corrected.
Carney spoke of his government’s efforts to strengthen the Canadian economy through the attraction of new investments and the signature of trade agreements with other countries.
“The world is more dangerous and more divided,” Carney said. “The United States has fundamentally changed its approach to trade, raising its tariffs to levels not seen since the Great Depression.”
“Many of our former strengths, based on our close ties with the United States, have become weaknesses. Weaknesses that we must correct,” he added.
Tariffs and statements by Donald Trump
Carney stated that the tariffs ordered by the president of the United States, Donald Trumphave affected workers in the automotive and steel industries. He added that companies are slowing down investments, “contained by the blanket of uncertainty that hangs over us all.”
Many Canadians are also outraged by Trump’s comments in which he suggested that Canada should become the 51st state of the United States.
Reduce dependence on the US
Carney indicated that he plans to offer regular updates about his government’s efforts to diversify and reduce its dependence on the United States.
“Security cannot be achieved by ignoring the obvious or minimizing the very real threats that Canadians face,” he said. “I promise you that I will never downplay our challenges.”
Carney’s speech at the Davos Forum
It is not the first time that Carney, who was Governor of the Bank of Canada and then in the Bank of Englandspeaks of a change in world power.
During the World Economic Forum in Davos, Switzerlandlast January, Carney received widespread praise for condemning the economic coercion of great powers against smaller countries.
His statements unleashed Trump’s annoyance.
“Canada lives because of America,” Trump said after the speech. “Remember that next time you make your statements, Mark.”
Canada trade agreements
Carney’s comments came days after securing a majority government following a series of special election victories and as he faces pressure from the conservative opposition to finalize a trade deal with the United States, which was among his promises in last year’s election.
A review of the current version of the trade agreement between Canada, the United States and Mexico (T-MEC) It is scheduled for July.
New strategies
Starting tomorrow, we’re cutting the Federal Fuel Excise Tax — so you spend less at the pump.
That means that you’ll save up to 10 cents per litre on regular gasoline and 4 cents on diesel until Labour Day.
— Mark Carney (@MarkJCarney) April 19, 2026
Carney also noted in his message that he wants to attract new investments to Canada, double the country’s clean energy capacity y reduce trade barriers inside the nation. Additionally, he highlighted Canada’s increased defense spending, tax cuts and efforts to make housing more affordable.
“We have to take care of ourselves because we cannot depend on a single foreign partner,” he said. “We cannot control the disruption coming from our neighbors. We cannot bet our future on the hope that this will suddenly stop.”
Canada has what the world wants.
The Canada Investment Summit will help catalyse billions in new investments right here at home — and that means more opportunity for Canadian businesses, and more high-paying careers for Canadian workers. pic.twitter.com/0mTRpoQFHe
— Mark Carney (@MarkJCarney) April 19, 2026
“We can control what happens here. We can build a stronger country that can withstand disruption from abroad,” he said.
Carney added that simply waiting for “America to get back to normal” is not a viable strategy.
“Hope is not a plan and nostalgia is not a strategy,” he stressed.
Carney said Canada “has been a great neighbor” that has supported the United States in conflicts, including Afghanistan and two world wars.
“America has changed and we must respond,” he said. “This is about taking back control of our security, our borders and our future.”
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