Carney seeks new US-Canada partnership as world undergoes ‘rupture’

Canadian Prime Minister Mark Carney proposed a "new partnership" with the United States during a speech in New York on Thursday. He stated that as the world experiences a "rupture" due to the US reconfiguring its commercial ties, closer collaboration with Canada in sectors like aluminum, cars, and critical minerals would benefit both nations. Carney also commented on his January meeting with Chinese President Xi Jinping, describing it as a "very basic reset of the relationship," which had previously deteriorated under his predecessor.

Canadian Prime Minister Mark Carney, speaking in New York, proposed a new economic partnership with the United States to enhance cooperation in sectors facing global competition. He emphasized that a stronger Canada would benefit America, citing examples in energy, automotive, and critical minerals where integrated North American markets are crucial for confronting global challenges. Carney highlighted Canada's role as a major supplier of energy and critical minerals to the US, and its position as the US's largest customer. This call for partnership comes ahead of the USMCA review, amidst concerns over US tariffs and a desire for greater strategic autonomy for Canada.