Canada-U.S. Relations Hit New Lows: "America Has Changed"

Canada & U.S. Sound Like The Longtime Friendship Is Really Over

Prime Minister Mark Carney Speaks For Canada:
"Under No Illusions"

Good morning everyone. I would like to take this opportunity to update Canadians on developments in our trade negotiations with the United States. I'm going to go through why we're walking away from a bad deal, and what comes next.

(In French): For much of our history, Canadians were able to count on trade tailwinds: a stable relationship with the United States, increasingly open access to the American market, and rules that both countries understood and respected. These winds haven't simply shifted direction—the climate itself has changed.We can't control the storm that blows in from Washington.

We can, however, chart a new course by building Canada strong at home and diversifying our trading relationships abroad.

We can't control the storm that blows in from Washington. We can, however, chart a new course by building Canada strong at home and diversifying our trading relationships abroad.

We are masters of our own house and the ideal partner abroad.

For over a year, Canada has worked intensively and in good faith with the United States to negotiate a new comprehensive trade deal. We've been pragmatic, patient and persistent. We pursued every opportunity to reach an agreement that protects Canadian workers and their families, that strengthens our economy, and that respects Canadian sovereignty.

We have been under no illusions. We recognized from the start that America has changed. Early last year, in this room, I observed that the decades-long process of steadily increasing integration between our economies was over. Our government understood, before many, that America would transform all of its commercial relationships, that it would put a series of tariffs on its closest allies and use economic integration as a weapon. We recognized that sometimes its signature was written in pencil.