Carney Announces Economic Shift from US Reliance

OTTAWA, Canada – Prime Minister Mark Carney announced on Sunday that his government will pursue economic diversification away from heavy reliance on the United States, promising regular and candid updates to Canadians on the progress and challenges ahead.

In a nearly 10-minute video address posted on social media and titled "Forward Guidance with Prime Minister Mark Carney," Carney described Canada's longstanding economic ties with the U.S. as a former strength that has turned into a vulnerability. He pointed to recent U.S. policy shifts, including tariffs raised to levels reminiscent of the Great Depression era, which have introduced widespread uncertainty. "Many of our former strengths, based on our close ties to America, have become our weaknesses, weaknesses that we must correct," Carney said.

The prime minister rejected the idea of waiting for the U.S. to revert to previous patterns of cooperation, calling it an ineffective approach. "It would be wrong to try waiting for the U.S. to resume decades of cooperation from the past," he stated. Instead, Carney outlined his administration's proactive strategy, which focuses on attracting new investments and forging partnerships to...