Mark Carney Archives - Page 2 of 19

28 Feb

Mark Carney’s India Tour Signals Fresh Push to Rebuild Ottawa–New Delhi Partnership

Rajeev Sharma0 CommentsCanada, India, Trending, World NewsMark Carney

Mumbai (Rajeev Sharma/Gurpreet Singh): Canadian Prime Minister Mark Carney on Friday commenced a four-day visit to India, choosing Mumbai as the first stop in a trip designed to deepen commercial engagement and reset diplomatic momentum between the two countries. He is travelling with his wife, Daina Fix Carney. Describing India as the fastest-expanding major economy, Carney said his immediate focus would be discussions with corporate leaders to explore investment avenues and generate economic gains for Canadian businesses and workers. After his engagements in Mumbai, the Canadian leader will head to New Delhi on March 1. Talks with Prime Minister Narendra…

18 Feb

Carney Launches Canada’s First Defence Industrial Strategy to Boost Domestic Production

Rajeev Sharma0 CommentsCanadaCAE Montreal, Canada defence strategy, Canadian Armed Forces, Defence Investment Agency, Mark Carney

Montreal (Rajeev Sharma): Prime Minister Mark Carney on Tuesday unveiled Canada’s first-ever defence industrial strategy, aimed at strengthening domestic manufacturing and reducing reliance on foreign suppliers to equip the Canadian Armed Forces. The announcement was made during a visit to simulation technology firm CAE in Montreal, where industry leaders welcomed the move as a major step toward building a stronger national defence sector. CAE president and CEO Matthew Bromberg said the strategy signals a clear commitment to developing a robust defence industrial base in Canada. About half of the company’s contracts are now tied to military work, with 90 per…

18 Feb

Conservative MP Matt Jeneroux Joins Liberals, Becomes Third Floor-Crosser in Three Months

Rajeev Sharma0 CommentsCanadaCanada Politics, Conservative Party, floor crossing, Liberal Party, Mark Carney, Matt Jeneroux

Ottawa (Rajeev Sharma): Conservative MP Matt Jeneroux has crossed the floor to join the Liberal caucus, Prime Minister Mark Carney announced Wednesday, marking the third defection from the Conservatives in the past three months. In a post on social media, Carney welcomed Jeneroux and said that building a stronger and more resilient Canada requires “ambition, collaboration and, at times, sacrifice.” He also thanked the Edmonton Riverbend MP and his family for their continued public service. Jeneroux confirmed his decision separately, stating that after consulting with his family, constituents and colleagues, he chose to remain in Parliament and work with the…

16 Feb

Canada Joins EU’s SAFE Defence Program, Expands Access to European Military Projects

Rajeev Sharma0 CommentsCanadaCanada SAFE, EU defence, EU loans, Mark Carney, McGuinty

Ottawa (Rajeev Sharma): Canada has formally joined the European Union’s Security Action for Europe (SAFE) initiative, Defence Minister David McGuinty announced, marking a significant step in deepening defence cooperation with Europe. As per the sources, McGuinty said the agreement would enhance collective security, strengthen defence capabilities and open new opportunities for Canadian firms in European defence markets. He added that the move would also contribute to broader European and Ukrainian security efforts. Canada’s official entry into SAFE comes less than a year after Prime Minister Mark Carney signed a strategic defence and security partnership with the European Union, which included…

10 Feb

Canada to Add Thousands of EV Chargers as Ottawa Steps Up Push for Electric Mobility

Rajeev Sharma0 CommentsCanadaauto strategy, Canada EV infrastructure, electric vehicle chargers, federal funding, Mark Carney

Ottawa (Rajeev Sharma): The federal government is moving to significantly expand Canada’s electric vehicle charging network in a bid to reduce range anxiety and encourage more drivers to switch to EVs. On Tuesday, the ministers of environment, energy and transport are expected to announce an investment of 84.4 million dollars to support the installation of more than 8,000 new public charging stations across the country. The funding is part of a broader effort to prepare Canada for a rapid increase in electric vehicle adoption over the next decade. In addition to charging infrastructure, the government will allocate 5.7 million dollars…

04 Feb

Ottawa Questions Purpose of Conservative MP Jamil Jivani’s Washington Visit

Rajeev Sharma0 CommentsCanadaCanada–U.S. relations, Dominic LeBlanc, Jamil Jivani, Mark Carney, Washington visit

Washington/Ottawa (Rajeev Sharma): Conservative MP Jamil Jivani’s trip to Washington to meet political and business leaders has drawn a cautious response from the federal government, with senior officials questioning the scope and mandate of his outreach. Prime Minister Mark Carney on Tuesday expressed skepticism about the Bowmanville–Oshawa North MP’s role in Canada–U.S. relations, noting that Jivani is neither the minister of international trade nor the Conservative Party’s trade critic. Carney confirmed, however, that Canada–U.S. Trade Minister Dominic LeBlanc had briefed Jivani before his departure to the U.S. capital. Jivani, a longtime friend of U.S. Vice-President JD Vance, said in a…

28 Jan

Carney Says Canada-U.S. Relations ‘Good’ as Trade Deal Review and Trump Tariff Threats Loom

Rajeev Sharma0 CommentsCanada, World NewsCanada-U.S. relations, CUSMA review, Donald Trump, Mark Carney

Ottawa (Rajeev Sharma): Prime Minister Mark Carney on Tuesday said Canada’s relationship with the United States remains on stable footing despite heightened rhetoric and tariff threats from U.S. President Donald Trump ahead of a key trade agreement review. Speaking briefly to reporters before a cabinet meeting, Carney said Ottawa continues to have “good conversations” and constructive exchanges with Washington, even as attention intensifies around bilateral trade and security issues. Canada’s free trade agreement with the United States and Mexico (CUSMA) is scheduled for a formal review in July. Carney said Trump’s recent threat of imposing 100 per cent tariffs on…

27 Jan

Carney Defends Davos Speech, Rejects U.S. Claim of Walking Back Remarks After Trump Call

Rajeev Sharma0 CommentsCanadaCanada-U.S. relations, Davos speech, Donald Trump, Mark Carney, World Economic Forum

Ottawa (Rajeev Sharma): Prime Minister Mark Carney has firmly defended his recent speech at the World Economic Forum in Davos, dismissing claims from the U.S. administration that he retreated from his remarks during a phone conversation with President Donald Trump. Speaking to reporters on Parliament Hill on Tuesday, Carney said his position remains unchanged. “To be absolutely clear, and I said this to the president, I meant what I said in Davos,” he stated. “My remarks were clear and reflected a broader discussion. Canada was among the first countries to recognise the shift in U.S. trade policy that had begun,…

27 Jan

Canadian Prime Minister Likely to Travel to India in Early March, Trade and Technology on Agenda

Rajeev Sharma0 CommentsCanada, India, Ontario, TrendingMark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney is expected to visit India in the first week of March, according to media reports citing diplomatic sources. The visit, if confirmed, is anticipated to mark a significant step in strengthening economic and strategic engagement between the two countries. Reports indicate that the proposed visit could lead to multiple agreements spanning sectors such as uranium supply, clean energy, critical minerals and emerging technologies, including artificial intelligence. India’s High Commissioner to Canada, Dinesh Patnaik, was quoted as saying that discussions are also underway for cooperation in nuclear energy, oil and gas, environmental initiatives,…

26 Jan

Canada has no plans for free trade deal with China: PM Mark Carney

Rajeev Sharma0 CommentsCanadaCanada China relations, Canada US trade, Donald Trump tariffs, Mark Carney, USMCA

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney on Sunday said that Canada has no intention of pursuing a free trade agreement with China, responding to US President Donald Trump’s warning of imposing 100 per cent tariffs on Canadian goods if Ottawa moved ahead with a trade deal with Beijing. Carney clarified that Canada’s recent engagement with China does not amount to a free trade agreement, but instead focuses on resolving limited tariff-related issues that arose over the past two years. He said Canada has no intention of entering into free trade agreements with China or any other non-market economy.…