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Canadian Prime Minister Mark Carney has announced $9 billion in federal funding for major industrial projects in Ontario amid the ongoing trade tensions with the United States. The investment aims to support key industries, strengthen Canada's industrial sector, and help businesses navigate economic uncertainty as trade pressures between Canada and the US continue. Watch for details on Carney's announcement, Ontario's industrial investments, and the impact of the US-Canada trade war on Canada's economy.
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#MarkCarney #DonaldTrump #Canada #USCanadaTradeWar #Ontario #CanadaNews #TradeWar #CanadianEconomy #BreakingNews #IndustrialInvestment #USCanadaRelations #EconomicNews
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NewsTranscript
00:00The United States initiated these trade actions, a series of trade actions.
00:05We have responded to those to protect Canadian jobs, protect Canadian companies, and to develop our economy.
00:16Good afternoon, everyone. Bonjour tout le monde.
00:19Premier Ford, it is a great pleasure to be with you again.
00:24Minister Fedeli, Minister Bethan-Falwi, thank you for your presence, colleagues.
00:30Thank you for being here.
00:31I think you see just by, I would suggest, by who's here, how they're mixed in together,
00:37that we're working together for Ontario and working together for Canada.
00:43And that's because we share the same conviction.
00:48Canada is the best country on earth,
00:51and Ontarians and Canadians are making it better still.
00:55This is happening all across Ontario.
00:58We're building big, we're building again.
01:01Small modular reactors at Darlington, the first in the G7,
01:06$2 billion invested clean, affordable energy for 300,000 homes.
01:11A new fleet of armoured vehicles at GDLS in London, Ontario,
01:16$2 billion invested, more than 6,000 jobs,
01:20just one of many defence contracts in Ontario,
01:25designed by Canadians, built by Canadians with Canadian steel.
01:29A new fleet of all Canadian passenger railcars,
01:33built by workers at Alstom and Thunder Bay.
01:36700 jobs, 900 Canadian suppliers across this country.
01:41When Ontario grows, Canada grows,
01:44generating more than $1.6 billion for our economy.
01:48New mining projects across Northern Ontario,
01:51Canada's nickels, Crawford mine near Timmins,
01:55creating 5,000 jobs and securing low-carbon nickel
01:58needed for battery steel production for decades to come.
02:02Together, we've cut taxes on incomes, investment in homes,
02:05up to $200,000 on new homes in Ontario.
02:09I've seen the ads, I've seen the ads.
02:12Did you see the Government of Canada being mentioned?
02:15No, it's okay.
02:16I guess we've got to pay for our own ads.
02:18You have great ads.
02:19Yeah, okay.
02:21We're doing all that well-protecting vital social programs
02:24that Ontarians and Canadians rely on every day.
02:27So, here in Ontario and right across the country,
02:31Canada is growing stronger.
02:34Canadians from coast to coast to coast agree.
02:39The Alberta referendum was a huge clear vote
02:42for United Canada focused on building.
02:45Canada's working and we're just getting started.
03:15Now, the U.S. tariffs have upended a trade bargain
03:18that's existed for decades.
03:20They've raised costs for American families
03:22while putting Ontario workers and businesses
03:24at a disadvantage and under a cloud of uncertainty.
03:27As I've just said, we can't control what others do.
03:30So, we're focusing on what we can control
03:33and building Canada strong at home
03:35and diversifying our partnerships abroad.
03:38We're investing more than $30 billion
03:40in steel, aluminum, lumber, and the auto sector,
03:45protecting nearly 35,000 jobs,
03:47helping 1,000 small and medium-sized businesses
03:50pivot to better opportunities,
03:53creating a bridge to keep good jobs here
03:55while our companies invest for the future.
03:58And we're making Canada the best place in the world to invest,
04:02including through the new productivity mega-deduction.
04:04With it, our businesses, large and small,
04:09can immediately deduct 100% of the cost
04:14of new capital investment.
04:16The result?
04:17Canada's effective tax rate on new investment
04:19is by far the lowest of any major economy
04:22and less than half the rate in the United States.
04:27The world may have changed,
04:28but what makes Ontario and Canada great hasn't changed.
04:33We have the minerals, we have the steel,
04:36we have the ingenuity,
04:37and we have the best workers on Earth.
04:41Now, protecting what we have is not enough.
04:46We have to go further to transform our economy
04:48and to secure the future.
04:50And to that end,
04:51Premier Ford and I are proud to announce a new action plan,
04:54a $9 billion partnership
04:56that protects jobs today
04:58and makes bold investments
05:00to build a stronger, more resilient,
05:02more independent Canada.
05:05A billion dollars to the ring of fire
05:07to unlock the critical mineral supply chain
05:10essential for our strategic autonomy,
05:13creating an opportunity for 70,000 jobs.
05:18More than $5 billion to our steel mills
05:21so steel workers in Hamilton and Sault Ste. Marie
05:24can make what Canada and the world needs,
05:27protecting 100,000 jobs
05:30and $2.5 billion to the assembly line.
05:34So Ontario workers and plants from Windsor to Woodstock
05:37can build the vehicles of the future,
05:40safeguarding more than 120,000 direct jobs
05:44in our auto sector.
05:46So from mine to mill to line,
05:49the critical minerals in the ground,
05:51the steel in the frame,
05:52and the vehicles on the road,
05:55made in Ontario,
05:56made in Canada,
05:57made for the future.
06:01Commençons par le premier mêlon de la chaîne,
06:06les minéraux qu'on trouve dans notre sous-sol.
06:09L'Ontario regorge de nickel, de lithium,
06:12de plantine, de cobalt
06:14et d'autres matières premières essentielles
06:16aux véhicules électriques,
06:18aux industries de l'avenir
06:20et à la défense.
06:22Nous investissons des sommes sans précédent
06:26dans les minéraux critiques
06:28pour protéger la souveraineté
06:30de notre chaîne d'approvisionnement,
06:32renforcer notre économie stratégique
06:36et créer de nouveaux emplois bien renumérés chez nous.
06:42The Ring of Fire
06:43has the potential
06:45to add over $22 billion
06:46to our GDP.
06:49We can secure
06:50a sovereign supply chain
06:52and bolster Canada's position
06:53as a critical minerals leader.
06:55Now, to build those mines,
06:56we need roads.
06:57And today,
06:58Canada's matching
06:59Ontario's $1 billion
07:01investment
07:02to build road infrastructure
07:03to reach the Ring of Fire,
07:07an area rich in critical minerals
07:09over 500 kilometres north of Thunder Bay.
07:12To build mines,
07:14we need to build together.
07:15Canada and Ontario
07:17are creating a working group
07:18to engage with local
07:20Indigenous communities
07:21so together
07:22we'll identify opportunities
07:24for economic development,
07:25conservation,
07:26and Indigenous protected areas.
07:29And to seize opportunities
07:31in a fast-changing world,
07:33we need speed.
07:35Historically,
07:36it has taken over 15 years,
07:3815 years,
07:40to open a mine in Ontario.
07:42We're changing that.
07:44Canada will always be
07:45a country of high standards,
07:46but high standards
07:48do not mean decisions
07:49have to be slow.
07:50With Bill C-39,
07:52the Building Canada Strong Act,
07:54we will improve
07:55the effectiveness
07:56of federal decisions.
07:57For projects
07:59and supply chains,
08:00our standard will be simple.
08:01One project,
08:02one review,
08:03one year.
08:04That means
08:05proponents tell us
08:07once
08:09the information.
08:10It means coordination
08:11across federal
08:12and provincial governments.
08:13It means extensive,
08:15comprehensive,
08:15and focused consultations
08:17with Indigenous peoples
08:18to build in true partnership
08:20and create real opportunities.
08:23On mining,
08:24Canada and Ontario
08:25are establishing
08:26a coordinated process
08:27for federal
08:28and provincial permitting,
08:30removing duplication,
08:32streamlining systems,
08:33and cutting wait times.
08:35Now, turning to steel.
08:38Generations of steel workers
08:39have built our country.
08:41As I said earlier,
08:42more than 100,000 work
08:43in the industry today,
08:45including Hamilton
08:46and Sault Ste. Marie.
08:48At present,
08:49our steel companies
08:50rely heavily
08:51on the auto sector.
08:52In the future,
08:53pipes,
08:54rail,
08:55ports,
08:55defense
08:55will be increasingly
08:57important sources
08:57of demand.
08:58And to support
09:00the industry
09:00in pivoting
09:01and increasing
09:02competitiveness,
09:03we're launching
09:04a more than
09:04$5 billion
09:05joint steel
09:07action fund.
09:08We have the best
09:09steel workers
09:10in the world.
09:11We have vast
09:12natural resources.
09:13Yet we import
09:15over 6.5 million
09:16tons of steel a year.
09:18And that's often
09:19because we don't
09:21make the steel
09:21that Canadian companies
09:22need.
09:23It's time to be
09:24our own best customer.
09:26And so today's
09:27investment will enable
09:28mills and companies
09:29to upgrade machinery
09:30and manufacture
09:31more products
09:32Canada needs
09:33and to expand
09:34to meet demand
09:35in non-U.S. markets.
09:38And at the same time,
09:39we are further
09:40strengthening CBSA
09:42enforcement
09:42to protect
09:43against foreign
09:44steel dumping.
09:46When projects
09:47in Canada
09:48need specialized
09:49steel,
09:50they can increasingly
09:51count on Canadian
09:52mills, Canadian
09:53steel workers,
09:54to supply it.
09:56Canada and Ontario
09:57will put on the
09:59ground a group
10:00of work
10:00to put on the
10:02measures.
10:04Its first priority
10:05is to recommend
10:06the means to reduce
10:08the cost of
10:09the Canadian
10:09transport costs
10:10and to open
10:11the new
10:12debauches
10:14here in the country
10:15and all over the world.
10:17And finally,
10:18to the assembly line.
10:20It's more than
10:21120,000 people
10:22who wake up,
10:24go to work
10:24every day
10:25because we make
10:26cars and trucks
10:26in this country,
10:28in Ontario.
10:30Ontario builds
10:31more than 1 million
10:32vehicles every year.
10:33And we're among
10:34the best.
10:35The Toyota Canada plan
10:37is now the most
10:38decorated auto plant
10:39in the world.
10:40And for decades,
10:41there's been no
10:42greater symbol
10:43of how closely
10:44the Canadian
10:45and American economies
10:46have been intertwined
10:47than the automobile.
10:49The average car
10:50is built from parts
10:51that travel across
10:52our border
10:52up to eight times.
10:55But in the past
10:56year,
10:5818 months,
10:58Canada's auto
10:59exports to the U.S.
11:00have declined
11:01by more than 10%.
11:03U.S. exports
11:04to Canada
11:04have fallen
11:05by over 20%,
11:06even though Canada
11:07is still far
11:08and away
11:09the United States'
11:10largest customer.
11:12Nobody wins
11:13from this.
11:14Tariffs make
11:15both our industries
11:16weaker
11:16and reduce choice
11:18for our families.
11:19And that's why
11:20Canada remains ready
11:21to negotiate
11:22a fair deal
11:23when the U.S.
11:24is ready
11:24to sit down
11:25in good faith.
11:27An integrated
11:28North American
11:29auto sector
11:30will be stronger,
11:31more competitive,
11:32and provide
11:32better jobs.
11:34But we recognize
11:35that these are not
11:36necessarily
11:37the current objectives
11:38of the U.S.
11:39administration.
11:40Their approach
11:41has changed
11:41and so must ours.
11:43The imperative
11:44to invest
11:46is reinforced
11:47by the radical
11:48transformation
11:49of the global
11:49auto sector
11:50with rapid shifts
11:51towards lower emissions,
11:53greater connectivity,
11:54and even more
11:55advanced manufacturing.
11:57For example,
11:58within five years,
11:58electric vehicles
11:59are expected
12:00to account
12:00for more than 40%
12:01of all car sales
12:02worldwide.
12:04As Canadians,
12:05we know we must
12:06skate to where
12:06the puck is going.
12:08So last February,
12:09we launched
12:10Canada's new auto
12:11strategy to position
12:12ourselves as a global
12:13leader in EV production.
12:15And today,
12:16this announcement
12:17takes a next
12:18major step forward,
12:19investing $2.5 billion
12:21so the industry
12:22can advance
12:23this pivot
12:23and increase
12:24its competitiveness
12:25so Ontarians
12:26can build
12:27the connected
12:28and electric vehicles
12:29of the future.
12:31From Alliston
12:32to Oakville
12:33to Oshawa,
12:34cutting-edge technology
12:35on the factory floor
12:37is needed.
12:38We need optimized
12:39production lines,
12:40investments,
12:41and innovation.
12:43We progress our economy
12:45while protecting the environment.
12:48More early than this year,
12:49Canada has chosen
12:50its own way,
12:52more ambitious,
12:53to reduce
12:54the emissions
12:54of vehicles
12:55automobiles.
12:57D'ici 2035,
12:59nous allons rendre
13:00les normes canadiennes
13:01sur les émissions
13:02de gaz à fer et serre
13:03des véhicules
13:04plus de deux fois
13:05plus stricts.
13:07Cela va permettre
13:08de réduire
13:09les émissions
13:10autant que si
13:1175%
13:13des véhicules
13:14étaient électriques.
13:17Pour atténuer
13:18les répercussions
13:19des droits
13:20de douane injustifiés,
13:22les normes fédérales
13:23de rendement
13:23applicable
13:24aux packs
13:25de véhicules
13:26vont être
13:27maintenus
13:28au même niveau
13:29de 2027
13:32à 2029.
13:35Les constructeurs
13:36automobiles
13:37auront ainsi
13:38une plus grande
13:39marge de manœuvre
13:40à court terme,
13:41tout en permettant
13:42au Canada
13:43d'attendre
13:44son objectif
13:45de réduction
13:46des émissions
13:46à long terme.
13:49Nous mettons
13:50aussi sur pied
13:51un nouveau groupe
13:53de travail
13:53canadien
13:55sur l'automobile
13:56qui va mettre
13:57en œuvre
13:58ces nouvelles
13:58mesures,
13:59développer
14:00notre marché
14:01intérieur
14:01et accouître
14:02notre compétitivité
14:03sur la scène
14:04internationale.
14:05So,
14:07from mine
14:07to mill
14:08to lime,
14:09we are connecting
14:10all the links
14:11in the value chain
14:12as part
14:13of a larger plan.
14:15Our defence
14:16industrial strategy
14:17will catalyze
14:18half a trillion dollars
14:19in investment
14:20over the next decade.
14:21And this will create
14:23enormous opportunities
14:24in these areas
14:25from critical minerals
14:27in the ring of fire,
14:28steel from southern Ontario,
14:30vehicle manufacturing
14:31across Ontario,
14:32as well as building
14:33on Ontario's
14:34and Canada's
14:35strengths
14:36in aerospace,
14:37shipbuilding,
14:37AI, cyber,
14:38quantum,
14:39robotics,
14:39and autonomous systems.
14:42Our major projects
14:43from port
14:44to power
14:44will create
14:45enormous demand,
14:46again,
14:46for those critical minerals,
14:48for those metals,
14:48for the machinery,
14:49for that advanced
14:50manufacturing.
14:52More jobs,
14:53more opportunity,
14:55more prosperity,
14:56more sovereignty,
14:58so we can live
14:59our lives
15:01as we choose.
15:03C'est ça.
15:04Un Canada qui fonctionne.
15:06Un Canada qui sait saisir
15:08les occasions
15:09de travailler en collaboration.
15:12We're becoming stronger,
15:14more independent.
15:15Our exports
15:16to non-U.S. markets
15:17are on track
15:18to double
15:18over the next 10 years.
15:20Foreign direct investment
15:21in Canada
15:21is at its highest level
15:23in two decades,
15:24running at twice the rate
15:26of our nearest competitor.
15:26Our economic growth
15:28is accelerating.
15:29We're creating jobs
15:30at twice the rate
15:30of the U.S.
15:32We're already giving
15:32ourselves more
15:34than others
15:35could ever take away.
15:37We're just getting started.
15:38Building Ontario strong,
15:41building Canada strong
15:42for all.
15:44Thank you very much,
15:45and it's now
15:46my great pleasure
15:47to introduce
15:48the Premier of Ontario,
15:50Premier Ford.
15:51Thanks, beautiful.
15:57Well, first of all,
15:58thank you, Prime Minister,
15:59and good afternoon, everyone.
16:01Before I begin,
16:02I just want to take
16:03a moment
16:04to address the tragedy
16:06at CFB Wainwright
16:08this past weekend.
16:10As Canadians,
16:11we owe a debt of gratitude
16:12to our brave men
16:14and women in uniform
16:15and the first responders
16:17who put the safety
16:18of others
16:19above their own
16:20every day.
16:22Ontario has offered
16:23our full support
16:23in the recovery efforts,
16:25and we are working closely
16:27with our partners
16:28in Alberta
16:28as we speak.
16:30And now,
16:31I'd like to thank
16:32the Prime Minister
16:33for having us here today
16:34for this historic announcement
16:37alongside federal ministers
16:39Champagne,
16:40Jolie,
16:40and Hadoo.
16:42I also want to acknowledge
16:44my Minister of Finance,
16:45Peter Bethenfalvey,
16:47and my Minister
16:47of Economic Development
16:49and Job Creation
16:50and Trade,
16:51Vic Fidelli,
16:52my two champions,
16:53by the way.
16:54As we stand here today,
16:56it's clear that
16:56Canada's relationship
16:58with the United States
16:59has changed permanently.
17:02No matter what happens
17:03in the midterms,
17:04no matter who sits
17:06in the White House,
17:07we're not going back
17:08to the way things were,
17:09and we need to plan accordingly.
17:12That means
17:13we need to focus
17:15relentlessly
17:15on what we can do
17:17here at home
17:18to protect our workers
17:20today
17:20and build
17:21a more competitive,
17:23resilient,
17:23and self-reliant economy
17:25for future generations.
17:28Working in partnership
17:29with the federal government,
17:31that's exactly
17:32what we're doing today.
17:34As the Prime Minister
17:35mentioned,
17:37Ontario and Canada
17:38have reached
17:39a historic agreement
17:40that will protect workers
17:42in key provincial industries
17:43from tariffs
17:44and will pave the way
17:47for new,
17:48good-paying jobs
17:49across our great province.
17:51Today,
17:52we're going,
17:54and together,
17:55I apologize,
17:56together,
17:56our governments
17:57are committing
17:58an additional
17:59$8.7 billion,
18:02probably closer
18:02to $9 billion,
18:04as we add in
18:05everything else,
18:05as the Prime Minister
18:06mentioned,
18:07to fortify
18:08Ontario's industrial base
18:10and unlock
18:11jobs of the future.
18:13We're protecting workers
18:14in our tariff-hit
18:16steel sector
18:17with commitment
18:18of more than
18:19$5 billion
18:20in new funding
18:21to help the sector
18:23diversify production,
18:24find new markets
18:26overseas,
18:26and support
18:28emerging Canadian
18:29industries
18:29like our defence,
18:32energy,
18:33and advanced
18:34manufacturing sectors.
18:35And we're investing
18:36$2.5 billion
18:38more
18:38to support workers
18:40in our auto sector
18:41as the industry
18:42upgrades production lines
18:44and invests
18:45modern machinery
18:46to build the next
18:47generation
18:48of Canadian-made vehicles.
18:50This funding
18:51will fortify
18:52these critical sectors,
18:54keeping workers
18:55on the job today
18:56and helping these sectors
18:58meet our country's needs
18:59for decades to come.
19:02And that's not all.
19:03Last December,
19:05I joined the Prime Minister
19:06here in Ottawa
19:07to sign an agreement
19:09that would eliminate
19:10federal duplication
19:12for the roads
19:13to the Ring of Fire.
19:15Thanks to that agreement,
19:17we got shovels
19:18in the ground
19:18on the roads
19:19to the Ring of Fire
19:20this summer
19:21and are well on our way
19:23to unlocking,
19:24as the Prime Minister mentioned,
19:2670,000 jobs
19:27and $22 billion
19:29in economic activity
19:31that will be powered
19:32by the Ring of Fire's
19:34critical minerals.
19:35Today's agreement
19:36furthers that cooperation
19:38with a billion-dollar
19:40federal commitment
19:41to help build these roads,
19:44matching Ontario's
19:45existing $1 billion commitment,
19:48as we work to finish
19:49the road network
19:50five years ahead of schedule.
19:54Ontario and Canada
19:55are being challenged right now.
19:57We see it in every corner
19:59of our province
20:00where tariffs
20:01and trade uncertainty
20:03are leaving workers
20:05and their families worried.
20:07But my message
20:09is very simple.
20:10Working together,
20:12we will be there
20:13to support you
20:14no matter what.
20:15We have every reason
20:17to be hopeful
20:18about our future
20:19and the future
20:20of the industries
20:21that have powered
20:22Ontario's growth
20:23for generations.
20:24Today's agreement
20:26will fortify
20:27and transform
20:28these sectors
20:29to become the foundation
20:31of our future prosperity.
20:33This agreement
20:35will see Ontario still
20:36used to build everything
20:38from new pipelines
20:40transporting Canadian energy
20:42to cutting-edge
20:43defence technology
20:44and the largest expansion
20:46of nuclear energy
20:48in our history,
20:48which will add
20:50150,000 jobs
20:52and $800 billion
20:53to our GDP.
20:55It will support
20:56the next generation
20:57of Ontario auto workers
20:59building the high-tech,
21:01world-class vehicles
21:02of the future.
21:03And it will unleash
21:04the incredible economic potential
21:06of the Ring of Fire,
21:08creating new jobs
21:09and opportunities
21:10for First Nations
21:11and Northern communities
21:12and workers
21:13across Ontario.
21:14I want to thank
21:16the Prime Minister
21:17for his partnership
21:18as we protect workers
21:20here in Ontario
21:21and across Canada
21:22because when Team Canada
21:24works together,
21:25we can stand up
21:26to anything
21:27that comes our way.
21:28I want to thank you.
21:30May God bless
21:31the people of Ontario
21:32and may God bless Canada.
21:36Thanks very much.
21:41We will now bring in
21:41our press conference.
21:42Please state your name
21:43and out there.
21:44We will now start
21:45the press conference.
21:46Please give your name
21:47and media
21:48to the microphone.
21:50Mackenzie Grave
21:51with Global News.
21:51I'm hoping to hear
21:52from both the Premier
21:53and the Prime Minister
21:53to start.
21:54Prime Minister,
21:55the CEO of Cleveland Cliffs
21:56has said he doesn't want
21:57any money to keep
21:58his steel plan open
21:59in Hamilton.
22:00Can you explain
22:00what the plan is
22:01to keep that plan open
22:02and why you haven't sued them?
22:03And on the same point,
22:04Premier, are you willing
22:05to work with the Prime Minister
22:06to potentially partner
22:07to buy Stelco
22:08if that's what's required
22:09to keep the plan open?
22:11The CEO of Cleveland Cliffs
22:13and the company
22:14more specifically
22:15have an obligation,
22:16obligations under
22:17the Investment Canada Act.
22:19The Minister of Industry
22:20has written to the company.
22:23I think they have a day
22:25to respond still,
22:26if that's correct.
22:28Yeah, very quickly
22:29and we will pursue
22:30all actions.
22:31Our focus,
22:33our focus is a couple fold.
22:35First and fundamentally,
22:36it's the workers
22:37at the plant.
22:41Related to that,
22:42obviously,
22:42is a great Canadian company
22:44and maintaining
22:45that expertise
22:46and developing there.
22:49There's also a fundamental,
22:50when you make a commitment
22:51with the Government of Canada,
22:53you respect that commitment
22:54and the Government
22:55will hold companies
22:56to the responsibility.
22:58So what he feels about it
22:59isn't as relevant
23:00as what his obligations
23:02and the obligation
23:03of the companies are.
23:03And I will say,
23:05from the perspective
23:05of the Government of Canada,
23:07before I hand to the Premier,
23:08we will always work
23:09with the province of Ontario
23:11to defend jobs
23:12and grow this economy.
23:14Well, I support
23:16all the actions
23:16from the federal government,
23:18from the Prime Minister
23:18and Minister Jolie.
23:21You know,
23:22as the Prime Minister said,
23:23when you make a commitment,
23:24it's a commitment.
23:25You don't, you know,
23:27go back on your commitments.
23:29I was pretty hard
23:30on Lorenzo
23:31a while back
23:33in the media.
23:34I hate to say I was right,
23:36but I was right.
23:37So we're going to make sure
23:39that our number one priority
23:40is going to be
23:41to protect the community
23:44and the workers
23:45that work at Stelco
23:46and all the other steel workers
23:47right across the province.
23:48So we'll be working collaboratively
23:51with the federal government.
23:52Our ministers
23:52will be working together
23:53and we need a strong steel sector
23:56in Ontario and Canada.
23:58Follow-up question?
23:59A few minutes
24:00before the press conference,
24:01the U.S. Embassy
24:01sent out a fact sheet
24:03that outlined a number
24:04of actions and comments
24:05that Canadian politicians made.
24:07Premier Ford,
24:08you were involved
24:08and Minister Melanie Jolie.
24:09There were a number
24:09of comments from both of you.
24:11But to the Prime Minister
24:12and the Premier,
24:12was the intention
24:13of your previous actions
24:14by either of your governments
24:15or your comments
24:16an attempt to try
24:17and influence American voters?
24:21No, look,
24:22the United States
24:24initiated these trade actions,
24:26a series of trade actions.
24:27We have responded to those
24:29to protect Canadian jobs,
24:32protect Canadian companies,
24:34and to develop our economy.
24:37And let's be absolutely clear
24:39what has been the consequence of that.
24:41The consequence of that is
24:42we're growing jobs
24:43at twice the rate
24:44of the United States.
24:45We're growing faster
24:45in the United States.
24:46We're getting foreign direct investment
24:47at twice the rate
24:48of the United States.
24:49Yes, we have big structural challenges,
24:52some in the steel industry,
24:54some in the auto sector,
24:55and we're addressing those
24:57together as partners.
24:58It's going to take some time
24:59to have that full response.
25:01But all of our actions
25:03are in the interests
25:05of Canadian workers,
25:06Canadian families,
25:07and the future of this economy.
25:11That's the alpha to the omega
25:13of what we're doing
25:14and how we describe them.
25:18I have no interest at all
25:20interfering in American elections.
25:22I am a strong believer
25:24I spent 20 years of my life
25:25down in the U.S.
25:26I love the American people.
25:28I'll tell you what
25:29the American people want.
25:30They want certainty.
25:31They want stability.
25:33And we're going to focus
25:34on what we can do
25:36here in Ontario
25:37and in Canada
25:38to make sure
25:39we protect our economy,
25:40protect the people,
25:41and protect communities.
25:42That's what we're going
25:43to focus on.
25:43And the people
25:44of the United States
25:45will make that determination
25:46in the midterms.
25:48Next question.
25:49Prochaine question.
25:50Hi, Jordan Gowling
25:51with the National Post.
25:52My first question
25:52is for Premier Ford.
25:54Alberta recently voted
25:55in favor of getting
25:57more powers around immigration.
25:58You've been at odds
25:59with the feds in the past
26:01on asylum claimants,
26:02for example.
26:03Would you like Ontario
26:04to get more constitutional powers
26:06around immigration?
26:07Do you agree
26:07with the Prime Minister
26:08that immigration
26:10at its current level
26:10is sustainable?
26:13Well, I'm never
26:14in disagreement
26:14with the federal government.
26:16We work collaboratively
26:18together,
26:18all I believe.
26:20And when it comes
26:21to immigration,
26:22we need economic immigration
26:23to continue growing
26:25our economies
26:26right across the board.
26:27So that's what I believe in
26:29and we look forward
26:30to working with
26:30the federal government
26:31on that.
26:31Follow-up question.
26:33For the Prime Minister,
26:34the Palestinian president
26:35recently postponed elections
26:38that were supposed
26:38to take place next month.
26:39This was a major reform
26:42that you predicated
26:43your recognition
26:44of Palestinian statehood
26:45on last year.
26:47Apart from a statement
26:48from foreign ministers
26:49expressing deep regret,
26:51does Canada have any plans
26:52to hold the Palestinian authority
26:55to account on their
26:56international commitment?
26:57We certainly are holding
26:59to account.
27:00We're supporting efforts
27:01to have those elections
27:04and to have free
27:05and fair elections
27:06in Palestine.
27:08and we'll continue
27:09to do so.
27:11And at the same time,
27:13we will continue
27:14to provide efforts
27:16to humanitarian aid
27:17to the crisis in Gaza,
27:19which continues.
27:22Full stop.
27:24The humanitarian crisis
27:25in Gaza continues.
27:27The provision
27:28of Canadian aid
27:29to those affected
27:31by that crisis,
27:33we have far more resources
27:35dedicated to support
27:37than are able
27:38to be delivered
27:39to Gaza.
27:40So there are many things
27:41that are not working
27:43within Palestine,
27:44and there are many
27:44who are responsible
27:45for that.
27:46Next question.
27:47Prochaine question.
27:50Bonjour,
27:51Étienne Malouin, TVA.
27:51Première question
27:52pour vous,
27:52M. Carney.
27:54Le nouveau gouvernement
27:56au Québec,
27:56du Parti québécois,
27:57va demander davantage
27:58de pouvoir en immigration,
28:00pas seulement
28:01l'immigration économique.
28:02Êtes-vous ouvert
28:03à l'idée
28:04d'accorder davantage
28:04de pouvoir
28:05au gouvernement du Québec?
28:07On verra.
28:08Ce n'était pas
28:09une conversation
28:09que j'ai eue
28:10avec le nouveau
28:12premier ministre,
28:13M. St-Pierre Flamandant.
28:14Il vient d'être
28:16officiellement
28:16le premier ministre.
28:18Oui.
28:20On verra.
28:21Il y aura
28:22des conversations,
28:22mais comme
28:23le premier ministre
28:24Ford vient de dire,
28:27l'enjeu
28:29le plus important
28:32ici au Canada,
28:33c'est le niveau
28:34d'immigration.
28:36Il faut avoir
28:37un niveau soutenable.
28:38Et, madame,
28:40j'ai dit
28:40un niveau plus soutenable,
28:42pas un niveau soutenable.
28:44Et c'est le niveau
28:45d'immigration,
28:46c'est le changement
28:47d'immigration.
28:48Ce n'est pas le niveau
28:49des gens
28:50non permanents
28:51ici au Canada.
28:52OK?
28:53Les différences,
28:55les définitions
28:55sont importantes ici.
28:58Alors,
28:59il y a un processus
29:00de régler la situation.
29:02C'est important.
29:03OK?
29:04Non,
29:04ce n'est pas...
29:08Il faut préciser
29:10les mots.
29:13Non.
29:13En ce qui concerne
29:15les enjeux
29:17les plus importants,
29:18premièrement,
29:19régler les demandes
29:20d'asile,
29:22protéger
29:22les frontières
29:23du Canada.
29:24Nous l'avons,
29:25nous les avons
29:26renforcés
29:27pendant les derniers mois
29:29et avec succès,
29:31mais il faut continuer.
29:32Il faut continuer,
29:33premièrement.
29:34Deuxièmement,
29:35en ce qui concerne
29:36le niveau
29:36et la composition
29:38des immigrants
29:39économiques.
29:41Alors,
29:42c'est le choix
29:42du Québec,
29:44mais pour les autres
29:46provinces,
29:48il y aura
29:49une conversation
29:50plus détaillée,
29:52plus ambitieux
29:53en ce qui concerne
29:54comment nous partageons
29:58les responsabilités
29:59et les choix
30:00des immigrants
30:02économiques
30:03ici au Canada.
30:04Christian Suivi.
30:05My next question
30:06will be for
30:07Premier Ford.
30:08You said
30:09a few months ago
30:10that the election
30:11of the Parti Québécois
30:12can be a disaster
30:14for Canada.
30:15Do you maintain
30:15your position
30:16and how do you
30:16see your next
30:17relation
30:18with M. St-Pierre
30:19Plamondon?
30:20Well,
30:20I spoke to
30:21the Premier
30:22after he was
30:23elected.
30:24I want to
30:24go and pay him
30:26a visit
30:26and talk about
30:27how Quebec
30:28and Ontario
30:28can grow
30:29the economies.
30:30Together,
30:31we're well over
30:3125 million people.
30:33Geographically,
30:34larger than
30:34probably half
30:35the United States.
30:36We have great
30:37opportunities
30:37to focus
30:38on the economy
30:40with Ontario
30:42and with
30:42the people
30:43of Quebec.
30:45I love
30:45Quebecers,
30:46by the way.
30:47I've said it
30:47and there's
30:47some connection
30:48there.
30:50I've come
30:50to the conclusion
30:51they're passionate,
30:52they're fighters.
30:52I'm passionate,
30:53I'm a fighter
30:54and I do.
30:55I just connect
30:56with them.
30:56So we look
30:57forward to
30:57working with
30:58the Premier
31:00and what's
31:00more important
31:01than anything
31:02to Quebecers
31:02and Ontarians
31:03is certainty
31:04and stability
31:05in jobs
31:06and that's
31:06what we're
31:07going to work
31:07together on.
31:08Next question.
31:09Question.
31:11Hi there.
31:12Kate McKenna
31:13from CBC News.
31:14This question
31:14is for the
31:15Prime Minister.
31:15What expectations
31:17can you give
31:17Canadians about
31:18when trade talks
31:19with the U.S.
31:20might resume?
31:21Could it happen
31:22before the
31:22new January 1st
31:24additional auto
31:26tariff deadline
31:26and what's
31:27the fiscal
31:28sustainability
31:29of continuing
31:30to bail out
31:30industry?
31:32Let me start
31:34with the second
31:35part of that
31:36question.
31:36We have the
31:37strongest fiscal
31:38position in the
31:39G7.
31:39We have arguably
31:41the strongest
31:42fiscal position
31:43of any major
31:45economy member
31:46of the OECD.
31:47That will be
31:47absolutely clear
31:49on November 5th
31:49when we release
31:50the budget.
31:51And why do we
31:52have the strongest
31:52fiscal position
31:54in the G7?
31:55It's been work
31:56over previous years.
31:57It's hard work
31:58of Canadians
31:59and the credit
32:00goes to the
32:00Canadian people
32:01and the fact
32:02that Canadian people
32:02expect that
32:03of their governments.
32:04But you will see
32:05tough decisions
32:06that this government
32:07has taken.
32:07Last year's budget,
32:08this upcoming budget,
32:10I won't preview
32:10the budget,
32:11but just keep in
32:12mind that the
32:14growth of program
32:15spending was running
32:15at 8% a year
32:17for almost a decade.
32:18We brought it down
32:19to 2%.
32:19We're very clear
32:20about how we use
32:22our scarce
32:22fiscal taxpayer dollars.
32:25That's what they are,
32:25taxpayer dollars.
32:27and that is a focus
32:28on affordability
32:29and growing this economy.
32:32Capital investment
32:33is going to grow this economy.
32:34What you've seen today
32:34is the province of Ontario
32:36is also disciplined.
32:38We've got the ministers
32:39of finance standing
32:40right here,
32:41also disciplined,
32:42but a focus on
32:43where they're going
32:44to use their resources,
32:46where we're going
32:47to use our resources.
32:48It's in those industries
32:50where the businesses
32:52are going to invest
32:53for the future,
32:54preserve jobs,
32:54but also grow jobs
32:56for the future
32:56and that's the discipline.
32:57The first part
32:58of your question
32:59was around,
33:00when will,
33:02look,
33:02I spoke to President Trump
33:04this morning
33:06for quite some time.
33:08As I said in my remarks,
33:10we're ready to sit down
33:12and negotiate
33:13when the U.S. is,
33:15but a deal
33:16that's in the interests
33:17of Canadians
33:18and you see very much
33:19in what we're talking
33:20about today
33:21some of the most
33:22important sectors
33:23that would have
33:24to be part
33:25of that deal.
33:26Follow-up question?
33:28I will address
33:28my second question
33:29to the Prime Minister
33:30as well.
33:31What did you
33:32and the President
33:33discuss this morning?
33:36We discussed
33:37a wide range
33:38of things,
33:40a wide range
33:42of issues,
33:43the situation in Iran.
33:44We talked a few days
33:46ago about Ukraine
33:48and those aspects there.
33:51we talked about
33:53other aspects
33:53in the Middle East.
33:56Subscribe to One India
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34:03and we'll see you next time.
34:06We'll see you next time.