Carney says Canada must cut reliance on US as tariffs hit economy

euronews (in English)

Carney says Canada must cut reliance on US as tariffs hit economy  The Canadian leader stressed that his country cannot hinge its future on hope that the US will return to the partner it formerly was to his country and that active steps must be taken to protect Ottawa from the disruptions caused by the Trump administration.   READ MORE : http://www.euronews.com/2026/04/20/carney-says-canadas-economic-ties-with-the-us-are-weakness-that-must-be-corrected  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Transcript

00:01Canadian Prime Minister Mark Carney said in a video address released on Sunday that his country's strong economic ties to

00:09the United States were once a strength but are now a weakness that must be corrected.

00:15In the 10-minute address, Carney spoke about his government's effort to strengthen the Canadian economy by attracting new investments

00:23and signing trade deals with other countries.

00:26The world is more dangerous and divided, Carney said. The U.S. has fundamentally changed its approach to trade. Many

00:35of our former strengths, based on our close ties to America, have become weaknesses that must be correct.

00:43In his address, Carney said he wants to attract new investments to Canada, double the size of clean energy capacity

00:50and reduce trade barriers within the country.

00:53He also emphasized Canada's increased defence spending, tax reductions and efforts to make housing more affordable.

01:00With Mr. Trump.

01:01With Mr. Trump.

Category

Transcript

Comments

Recommended