Overview
- Carney, in a 10-minute video released Sunday, recast Canada’s close U.S. ties as a liability and promised regular, frank progress reports.
- He outlined a ‘Canada Strong’ agenda that targets $1 trillion in investment, new trade and energy corridors, and a plan to double clean‑energy capacity.
- To draw global capital, Ottawa is promoting a Toronto investor summit in September as part of the diversification drive.
- He said U.S. tariffs under President Trump are hitting autos, steel and lumber, leaving workers exposed and causing businesses to delay spending.
- The shift comes as a review of the U.S.-Mexico-Canada trade treaty is due this year, with U.S. Commerce Secretary Howard Lutnick signaling a tougher line toward Ottawa’s approach.