Mark Carney Archives - Page 3 of 19

25 Jan

Mark Carney charts packed global travel agenda in 2026 to expand Canada’s trade footprint

Rajeev Sharma0 CommentsCanada, Ontario, TrendingMark Carney

OTTAWA (Rajeev Sharma): Prime Minister Mark Carney is preparing for an exceptionally busy year of international travel as his government pushes to reduce Canada’s reliance on the United States and broaden economic ties worldwide. Since taking office, Carney has already logged thousands of air miles aboard government aircraft, visiting countries across Europe, the Middle East, and Asia. His office says overseas engagement will remain central to his strategy of doubling Canada’s non-U.S. exports over the next decade and attracting fresh foreign investment. In January alone, the prime minister made stops in France, China, Qatar, and Switzerland, signaling an aggressive start…

25 Jan

Canada rules out free trade pact with China amid tariff warning from Donald Trump

Rajeev Sharma0 CommentsCanada, Ontario, TrendingCanada, Mark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney on Sunday clarified that Ottawa has no plans to pursue a formal free trade agreement with China, responding to sharp warnings from U.S. President Donald Trump over deepening economic ties between the two countries. Speaking to reporters in Ottawa, Carney said recent discussions with Beijing were aimed at resolving trade imbalances and addressing market access challenges rather than forging a broader trade pact. He pointed to ongoing negotiations related to Chinese electric vehicles, agricultural commodities and seafood exports as part of efforts to stabilise bilateral commerce. Carney also underlined Canada’s obligations under…

25 Jan

Mark Carney urges Canadians to back homegrown industry after Donald Trump’s tariff warning

Rajeev Sharma0 CommentsCanada, Ontario, TrendingDonald Trump, Mark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney has called on citizens to rally behind domestic producers and workers, unveiling a sweeping “Buy Canadian” drive just hours after US President Donald Trump threatened steep trade penalties over Ottawa’s growing engagement with China. In a video message shared online, Carney said the new policy reflects a strategic shift aimed at insulating Canada’s economy from mounting external pressures. He encouraged consumers, businesses and public institutions to prioritise Canadian-made goods and services, presenting the move as both an economic and national resilience measure. “With rising uncertainty in global markets, Canadians are choosing to…

22 Jan

Carney Convenes Quebec Cabinet Talks After Global Speech Signals Shift in Canada’s Worldview

Rajeev Sharma0 CommentsCanadaCanada cabinet meeting, Mark Carney, Quebec City, World Economic Forum

Quebec City (Rajeev Sharma): Prime Minister Mark Carney is meeting with his cabinet in Quebec City for closed-door discussions aimed at setting the federal government’s priorities for the year ahead, following a high-profile international appearance that underscored a tougher tone toward the United States and a broader reassessment of Canada’s global role. The two-day meeting, beginning Thursday at the Citadelle of Quebec, comes after Carney concluded a multi-country trip to China, Qatar and Switzerland. During his appearance at the World Economic Forum in Davos earlier this week, the prime minister warned that the existing global order is fading and urged…

22 Jan

Prime Minister Mark Carney warns USA against economic coercion, pledges unshakable NATO support

Rajeev Sharma0 CommentsCanada, Ontario, TrendingMark Carney

DAVOS, Switzerland ( National Times Bureau): In a sharp rebuke to the United States, Canadian Prime Minister Mark Carney declared that Canada will not be intimidated by threats of tariffs aimed at countries resisting U.S. attempts to influence Greenland. Speaking at the World Economic Forum, Carney called such measures “reckless and counter productive”, warning they could fracture international trade and undermine global alliances. He emphasized that Canada stands firmly with Greenland and Denmark, defending their sovereign right to decide their own future, while reaffirming Ottawa’s absolute commitment to NATO’s Article 5, the cornerstone of collective defence.“These tactics threaten not just…

21 Jan

Mark Carney’s Davos Address Sparks Debate on Breakdown of Global Order

Rajeev Sharma0 CommentsCanada, Ontario, TrendingMark Carney

Ottawa (Rajeev Sharma): Canadian Prime Minister Mark Carney’s speech at the World Economic Forum in Davos has drawn wide attention for its stark warning that the international system is no longer evolving gradually but fracturing under mounting geopolitical pressure. Speaking on Tuesday at the 56th annual WEF summit, Carney argued that the world is entering a period of sharp disruption, where long-standing norms and institutions are being undermined by power politics. He cautioned against the growing tendency to use trade, finance and supply chains as instruments of pressure, saying such practices threaten sovereignty and long-term stability. Without naming countries directly,…

19 Jan

Canada Weighs Sending Troops to Greenland Amid Rising Tensions Over NATO Exercises

Rajeev Sharma0 CommentsCanada, World NewsCanada Greenland troops, Canada US relations, Donald Trump tariffs, Mark Carney, NATO military exercises

Ottawa 9rajeev Sharma): Canadian Prime Minister Mark Carney is considering deploying a small contingent of Canadian Armed Forces personnel to Greenland to participate in NATO military exercises, a move that could further strain relations with the United States amid escalating tariff threats by President Donald Trump. According to a person familiar with the matter, the Canadian government has drafted plans for a limited deployment alongside forces from the United Kingdom, France, Denmark and other allied nations. The source confirmed an earlier report by CBC News, while noting that no final decision has yet been taken by the Prime Minister. The…

19 Jan

Mark Carney Calls Chinese EV Deal a ‘Chance’ for Ontario’s Auto Industry Amid Criticism

Rajeev Sharma0 CommentsCanada, Ontario, TrendingMark Carney

Ottawa (Rajeev Sharma): Prime Minister Mark Carney described the recent agreement with China on electric vehicles as a potential boost for Ontario and Canadian autoworkers, despite concerns from Premier Doug Ford and the Canadian Auto Workers union. Speaking at a news conference in Doha, Carney said Chinese companies have shown interest in producing “affordable” electric vehicles in Canada, signaling opportunities for local industry. “We’ve had direct conversations with Chinese companies expressing explicit interest in partnering with Canadian firms,” Carney said. “We’ll see what comes to pass. This is an opportunity for Ontario, for workers, and for Canada, done in a…

16 Jan

Doug Ford Criticises Ottawa’s China Trade Deal, Warns of Risks to Canadian Auto Jobs

Rajeev Sharma0 CommentsCanadaCanada-China trade deal, Chinese electric vehicles, Doug Ford, Mark Carney, Ontario auto sector

Toronto (Rajeev Sharma): Ontario Premier Doug Ford has sharply criticized Prime Minister Mark Carney’s newly announced trade agreement with China, warning that it could undermine Canada’s auto sector and threaten domestic jobs by opening the door to a surge of Chinese electric vehicles (EVs). In a social media post on Friday, Ford said the deal would give China a strategic entry point into the Canadian market, allowing it to compete aggressively at the expense of Canadian workers. He argued that the agreement lacks safeguards to protect domestic manufacturing and long-term economic interests. Prime Minister Carney earlier announced that Canada had…

13 Jan

Canada–India Relations Thaw as Prime Minister Mark Carney Prepares Landmark Visit to New Delhi; High Commissioner Dinesh Patnaik Says “Trust Is Back”

Rajeev Sharma0 CommentsCanadaCanada, India, Mark Carney, PM Narendra Modi

Toronto ( Rajeev Sharma): Canada and India are set to reset strained bilateral ties as Prime Minister Mark Carney prepares to visit India in the coming weeks, ending more than two years of diplomatic friction. The visit comes as both countries seek to diversify trade partnerships amid rising U.S. tariffs under President Donald Trump’s trade war. India’s High Commissioner to Canada, Dinesh Patnaik, confirmed the visit will take place after India presents its federal budget on February 1. He said the renewed engagement signals a clear improvement in relations, noting that “trust is back in the system” and that both…