Carney Rules Out Supply Management in US Trade Talks

Canadian Prime Minister Mark Carney said this week that supply management would not be part of trade negotiations with the United States, following his first call with US President Donald Trump since becoming Liberal leader.

“We will never have discussions with respect to supply management, it’s off the table,” Carney told reporters in Montreal, reiterating a position he has maintained since launching his leadership campaign.

Carney described the conversation with Trump as “very constructive, very productive,” while Trump wrote on his Truth Social platform that they “agree on many things” and plan to meet after Canada’s April 28 federal election.

The call comes as Trump’s administration is expected to announce new trade actions on April 2. Carney said he informed Trump that Canada would implement counter tariffs if new US measures affect Canadian workers and the economy.

An Angus Reid poll showed Canadians divided on supply management, with 29% wanting to eliminate the system for dairy, eggs and poultry, while 23% support maintaining it.

The Liberal Party recently announced agricultural support measures, including protecting supply management, doubling revenue protection under the AgriStability Program, and creating a $200 million Domestic Food Processing Fund.

Carney said he and Trump agreed to begin comprehensive economic and security negotiations immediately after Canada’s election. He added that Canada’s preference would be for Mexico to participate in these discussions as part of the Canada-United States-Mexico (CUSMA) relationship.

If elected, Carney said he would establish a $35 billion trade diversification fund to improve infrastructure including ports, railways and terminals to reduce Canada’s economic dependence on the US.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Canada Faces Pressure to Cut Senior Benefits Ahead of Budget

A Canadian advocacy group is urging Prime Minister Mark Carney’s government to slash spending on...

Tuesday, October 21, 2025, 02:56:00 PM

US Pauses 86-Year Old Canada Defense Forum, Thanks To Carney’s Rhetoric

Canada’s oldest defense habit with Washington has become an early stress test for Prime Minister...

Monday, May 18, 2026, 05:01:00 PM

Carney’s Spending Review Order Makes CBC Brace For 15% Budget Cut

Prime Minister Mark Carney’s new spending review has ordered every major Crown corporation—including CBC/Radio-Canada—to draw...

Thursday, July 17, 2025, 10:41:00 AM

US Dairy Exporters Demand Canada Rewrite Import Quota Rules

Last week’s letter from President Donald Trump warning of a 35% tariff on Canadian goods...

Tuesday, July 15, 2025, 11:36:29 AM

Canada, India Advance $2.8B Uranium Deal as Carney Meets Modi in New Delhi

Canadian Prime Minister Mark Carney met Indian Prime Minister Narendra Modi in New Delhi on...

Monday, March 2, 2026, 07:05:00 AM