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Carney Calls U.S. Economic Reliance a Weakness, Unveils ‘Canada Strong’

An industry council will advise before a July review of the North American trade pact.

Overview

  • In a 10-minute video Sunday, Prime Minister Mark Carney said Canada’s reliance on U.S. trade has become a weakness as new tariffs hit autos, steel and lumber.
  • Ottawa named a CanadaU.S. Economic Relations Advisory Council led by Trade Minister Dominic LeBlanc, with its first meeting set for April 27.
  • The plan, branded Canada Strong, seeks to diversify export markets and attract investment to reduce exposure to U.S. policy shifts.
  • U.S. Ambassador Pete Hoekstra said a deal is still possible, though less ambitious, with talks continuing ahead of a July review of the CanadaU.S.–Mexico trade pact.
  • Reaction split at home, with Conservative leader Pierre Poilievre accusing Carney of pushing fear as some premiers backed trade diversification and urged care in dealing with Washington.