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Carney defends doing business with countries that don’t share Canada’s values
Source: CBC Politics
Date: 2026-10-23 10:43:04.0
Tags: [National, Trade, Defence, Energy, Economy]Prime Minister Mark Carney concluded a visit to Turkey by signing a new strategic trade and defence partnership with President Recep Erdogan, despite criticisms regarding human rights abuses and the suppression of political opposition in Turkey. The bilateral discussions included potential contracts for Canadian engineering firm AtkinsRealis to supply nuclear technology for two planned power plants aimed at helping Turkey reach its climate goals. Additionally, Prime Minister Carney pushed back against allegations of Canadian interference in upcoming U.S. midterm elections after the U.S. Embassy in Ottawa released an official fact sheet accusing Canadian leaders of meddling.
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Carney announces trade and defence partnership with Turkey
Source: CBC Politics
Date: 2026-10-22 11:44:34.0
Tags: [National, Trade, Defence, Energy, Economy]Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan announced a new strategic partnership between Canada and Turkey focused on four pillars: trade and investment, defence and security, energy, and people-to-people ties. Negotiators are scheduled to begin free trade talks in Ankara next month, alongside discussions regarding a defence industry cooperation agreement and potential nuclear energy sector investments involving Canada's Candu nuclear team. The bilateral initiative also includes plans to finalize an air transport agreement to increase passenger flights between the two countries, despite human rights concerns raised by advocacy groups regarding Turkey's crackdown on civil society.
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Carney’s Turkish balancing act must include business, defence and human rights
Source: CBC Politics
Date: 2026-10-21 08:00:00.0
Tags: [National, Trade, Defence, Energy, Industry, Economy]Prime Minister Mark Carney is undertaking a three-day official visit to Turkey to negotiate a free trade agreement, expand bilateral energy and strategic industry cooperation, and rebuild defence-industrial ties with President Recep Tayyip Erdoğan following the easing of a prior Canadian arms embargo. The bilateral relationship currently involves approximately $4.3 billion in trade, with active discussions focusing on potential commercial opportunities for Candu nuclear reactor technology and joint defense initiatives in ammunition production, drones, and counter-drone systems led by Secretary of State for Defence Procurement Stephen Fuhr. Simultaneously, the diplomatic mission navigates foreign policy challenges regarding Turkey's recent domestic crackdowns on civil society and 2SLGBTQ+ organizations, which test the federal government's stated balance of economic pragmatism and human rights values.
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Russian oil exports by Arctic route jump amid world freight crisis, data shows
Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-19 14:32:47.0
Tags: [National, Energy, Trade, Resources, Defence]Russian oil exports through the Northern Sea Route (NSR) in 2026 increased by nearly 50 per cent compared to the previous year, with approximately 20 million barrels shipped from July to mid-October. Driven by global freight crises, wars in Ukraine and the Middle East, and disruptions in the Suez Canal, Strait of Hormuz, and Black Sea, Asian refiners turned to the Arctic shipping lane as a viable alternative. Gazprom Neft and Rosneft's Vostok Oil project contributed to the rising volumes, while Russian President Vladimir Putin projected total annual cargo turnover via the NSR to reach 70 million tonnes by the end of the decade.
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Vietnam's president upgrades Canada to strategic partner during state visit
Source: CBC Politics
Date: 2026-09-25 00:01:25.0
Tags: [National, Trade, Economy, Defence, Agriculture, Energy]Vietnamese President Tô Lâm undertook a state visit to Ottawa to upgrade bilateral ties with Canada to a strategic partnership, collaborating with Prime Minister Mark Carney to strengthen middle-power alignment against American and Chinese economic coercion. Global Affairs Canada data shows that two-way merchandise trade between Canada and Vietnam surpassed $20 billion last year, making Vietnam Canada's largest trading partner in Southeast Asia. The renewed partnership encompasses expanded co-operation in energy, agriculture, defence, technology, and prospective direct commercial air travel, while aligning both nations' supply chain diversification strategies under the CPTPP trade framework.
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Why Canada's rolling out the red carpet for Vietnamese President Tô Lâm
Source: CBC Politics
Date: 2026-09-24 08:00:00.0
Tags: [National, Trade, Energy, Economy, Defence]Prime Minister Mark Carney and Governor General Louise Arbour are hosting Vietnamese President Tô Lâm on a state visit to Canada to deepen bilateral relations in trade, energy, and advanced manufacturing. Two-way trade between Canada and Vietnam reached $20.6 billion in 2025, making Vietnam Canada's largest trading partner in Southeast Asia. Discussions during the state visit include potential Canadian exports of liquefied natural gas, crude oil, and nuclear technology, alongside ongoing efforts to finalize a free trade agreement between Canada and the Association of Southeast Asian Nations (ASEAN).
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Carney touts Arctic alliance with Norway during PM's visit to Ottawa, amid Russia threat
Source: CBC Politics
Date: 2026-09-21 01:36:21.0
Tags: [National, Defence, Trade, Energy, Resources, Governance]Prime Minister Mark Carney met with Norwegian Prime Minister Jonas Gahr Støre in Ottawa on September 20, 2026, to advance bilateral defence cooperation in the Arctic, intelligence sharing, and potential investments from Norway's sovereign wealth fund. The talks follow Canada's July 2026 decision to purchase twelve submarines from a European shipbuilder in a collaborative arrangement involving Germany and Norway. Both leaders emphasized strategic cooperation in the High North, critical minerals, space capacity, and energy production amid rising security threats from Russia.
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Carney in Saint-Pierre-et-Miquelon to meet with Macron
Source: CBC Politics
Date: 2026-09-20 14:40:36.0
Tags: [National, Trade, Defence, Industry, Energy, Governance]Prime Minister Mark Carney traveled to the French territory of Saint-Pierre-et-Miquelon to meet with French President Emmanuel Macron for bilateral discussions ahead of the UN General Assembly. The leaders addressed strengthening strategic partnerships in aerospace, energy, and critical minerals amid rising geopolitical tensions. The meeting follows European Commission President Ursula von der Leyen's proposal for Canada to become the first associate member of the European Union, an initiative that Carney stated will be debated and voted on in Parliament. Additionally, Canada and the European Union have previously established ties through a free trade agreement and Canada's membership in the EU's defense procurement program.
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Read Mark Carney's full speech to the European Parliament
Source: CBC Politics
Date: 2026-09-17 18:04:15.0
Tags: [National, Trade, Economy, Defence, Energy, Technology]Prime Minister Mark Carney delivered an address to the European Parliament in Strasbourg, France, welcoming European Commission President Ursula von der Leyen's proposal for Canada to become the European Union's first associate member under a new "alliance for the future." Carney proposed deepening bilateral cooperation across strategic sectors including critical minerals—leveraging Canada's deposits of over 34 critical minerals—alongside energy security via liquefied natural gas and hydrogen supply, defense industrial capacity, artificial intelligence computing, and financial services integration. The proposed alliance aims to enhance collective resilience and sovereignty against geopolitical coercion without establishing a closed great-power rival bloc.
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How EU leaders are reacting to Canada associate membership proposal
Source: Global News Politics
Date: 2026-09-17 15:10:44.0
Tags: [National, Trade, Economy, Defence, Energy]Prime Minister Mark Carney responded to a proposal by European Council President Ursula von der Leyen inviting Canada to become the European Union's first-ever associate member. European leaders and Members of the European Parliament discussed deepening bilateral integration covering critical minerals, energy, defence equipment, and Swiss-style economic integration, while noting that trade under the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) has increased by 75 per cent in less than a decade. Ten EU member states—Belgium, Bulgaria, Cyprus, France, Greece, Hungary, Ireland, Italy, Poland, and Slovenia—have yet to fully ratify CETA in their individual legislatures.
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Carney's European address will find an eager audience in a continent rattled by Trump
Source: CBC Politics
Date: 2026-09-15 20:00:00.0
Tags: [National, Trade, Economy, Defence, Energy]Prime Minister Mark Carney is scheduled to address the European Parliament in Strasbourg, France, to initiate discussions for a unique strategic alliance between Canada and the European Union amid trade and sovereignty pressures from the United States under President Donald Trump. While ruling out full EU membership or arrangements involving sovereignty concessions like Norway's, the proposed partnership aims to deepen co-operation beyond the existing Canada-European Union Comprehensive Economic and Trade Agreement (CETA). Key areas of focus include integrating Canada's natural resource and energy wealth with Europe's manufacturing capacity, collaborating on critical minerals, artificial intelligence, sovereign computing, energy security, joint military procurement via the Security Action for Europe (SAFE) program, and scientific research through the Horizon program.
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What could greater cooperation between Canada and the EU look like?
Source: Global News Politics
Date: 2026-09-10 20:38:54.0
Tags: [National, Trade, Economy, Defence, Resources, Energy]Prime Minister Mark Carney is scheduled to address the European Parliament in Strasbourg to explore a deepening of economic, security, and political partnerships between Canada and the European Union amidst escalating U.S. protectionist trade policies and tariffs. Building upon a cooperation framework established in June 2025, the potential partnership contemplates enhanced trade, regulatory alignment, and supply chain collaboration involving Canadian critical minerals, liquified natural gas, oil, and European defence procurement. Experts such as Christian Leuprecht and Aurel Braun highlight that while the EU represents a strategic partner for trade diversification and capital-intensive infrastructure projects, geographic and historical ties ensure the United States will remain a core trade partner.
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Canada has leverage in this trade fight, but economists warn it comes with a cost
Source: CBC Politics
Date: 2026-08-30 08:00:00.0
Tags: [National, Trade, Economy, Energy, Resources, Defence]In response to the Trump administration imposing 50 per cent tariffs on approximately $27 billion worth of Canadian goods, Canadian federal officials and economists are weighing various economic levers, including export taxes and quotas on energy and potash, where Canadian commodities account for 63 per cent of U.S. oil imports and 80 per cent of potash imports. Additional retaliatory options discussed include restricting American access, altering defense procurement such as the F-35 fighter jet program, divesting from U.S. treasury bonds held by Canadian entities valued at $459.6 billion USD, and implementing non-tariff measures like the Digital Services Tax. While Prime Minister Mark Carney and industry minister Mélanie Joly have enacted $28 billion in retaliatory tariffs and paused negotiations over trade disputes, economists warn that aggressive retaliatory measures could inflict greater short- and long-term economic damage on Canada than on the United States.
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