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.
Sponsored · Selkirk Copper Mines
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.
