00:00Canadian Prime Minister Mark Carney says the country's long-standing relationship with the United States
00:06is no longer a strength but a groving vulnerability and a weakness that must be corrected.
00:13He says Canada is now looking to diversify trade and attract new investment beyond its southern neighbor.
00:20He pointed to rising tensions and uncertainty from the U.S.,
00:25warning that Canada can no longer rely on stability from its closest partner.
00:30Carney, who recently secured a parliamentary majority,
00:33says his mandate will help him navigate an escalating trade dispute with Washington.
00:39Tensions have risen after the U.S. imposed steep tariffs,
00:43including 25% on various goods and 50% on steel and aluminium.
00:49Many Canadians are also angered by remarks from Donald Trump
00:53suggesting Canada could become America's 51st state.
00:57Despite this, Canada remains heavily reliant on the U.S.,
01:01with nearly 70% of its exports heading south of the border.
01:06The issue is expected to take center stage later this year
01:09when the United States-Mexico-Canada agreement comes up for review.
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