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

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Why Silver’s Move Is ‘Scary’ to Some Miners | Frank Basa

Are Commodities Entering a Generational Cycle? | Terry Lynch

Recommended

McLaren Resources: Strategic Exploration in the Heart of the Timmins Gold District

First Phosphate Finalizes $16.7 Million Non-Repayable Funding From Government Of Canada

Related News

Liberal Exodus: Who Might Be Exiting Carney’s Government?

Rumours of multiple Liberal MPs leaving caucus have converged into a single operational risk for...

Thursday, November 27, 2025, 11:24:00 AM

Poilievre Unveils Strategy to Counter Trump Tariffs

Conservative Party leader Pierre Poilievre has outlined his plan to deal with US President Donald...

Thursday, April 3, 2025, 07:57:54 AM

Canada’s Liberals Finish Just 60 Votes Away From Majority After Recounts

Canada’s ruling Liberal Party fell three seats short of a parliamentary majority after election recounts...

Wednesday, May 28, 2025, 01:37:00 PM

Cameco Seals $2.6B Uranium Deal With India as Carney and Modi Launch Free Trade Talks

Canada and India signed a landmark uranium supply agreement Monday, with Saskatoon-based Cameco Corp. committing...

Tuesday, March 3, 2026, 07:37:00 AM

Canada’s Cultural Legislation Enters US Trade Discussions Despite Pushback

Canada’s Online Streaming Act and Online News Act have become part of US trade discussions,...

Thursday, January 29, 2026, 10:17:00 AM