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On April 19, 2026 Prime Minister Mark Carney used a pre-recorded, roughly 10-minute video address to tell Canadians that decades of close economic integration with the United States have turned into a strategic liability that "must be corrected." Speaking as leader of a newly majority Liberal government, Carney framed a āCanada Strongā strategy to diversify trade and attract foreign investment, promising regular public updates.
He singled out recent U.S. tariff actions under President Donald Trump as harming auto, steel and lumber workers and argued Canada must "take back control of our security, our borders and our future." The speech reiterated plans to boost defence spending, accelerate housing and infrastructure investment, expand clean energy capacity and build new trade and energy corridors.
Carney ā a former Bank of Canada and Bank of England governor ā reiterated earlier criticisms of economic coercion and said Canada will seek broader partnerships beyond the U.S.; Ottawa is also preparing a scheduled review of the North American trade pact this summer.







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