'We Are With EU': Canada PM DITCHES U.S After Trump's Tariff War | Mark Carney FULL EU Speech
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Canada is moving to deepen its economic and security ties with the European Union as Prime Minister Mark Carney seeks to reduce the country’s reliance on trade with the United States. Speaking at the Canada Investment Summit, Carney described plans for a “unique security and economic alliance” with Europe, highlighting potential cooperation on defence, energy, raw materials, artificial intelligence and investment. The shift comes amid escalating trade tensions with the Trump administration, while Canada continues to acknowledge the United States as its largest trading partner. With EU-Canada trade reaching €130 billion in 2025 and Ottawa pursuing hundreds of billions of dollars in new investment, Canada’s changing global partnerships could mark a significant shift in its economic strategy.
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AI GeneratedCanada is pursuing a strategy of strategic autonomy and economic modernization to become a global \"safe harbour.\" By diversifying international partnerships, leveraging natural resources, and implementing aggressive fiscal and regulatory reforms, the nation aims to attract $1 trillion in investment and ensure resilience in a volatile global economy.