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.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Epic Gold Assays 9.42 g/t Gold Over 11 Metres at Hawkins In Trenching, Links Occurrences Along 15 Kilometre Corridor

Goliath Cuts 28.81 g/t Gold Equivalent Over 4 Metres Within Broader Surebet Intercept

Related News

Trudeau’s Outreach to Carney Raises Questions About Freeland’s Position

Is he going to make her take the fall?...
Friday, December 13, 2024, 07:47:13 AM

Canada Pushes Back On Reports Of An ‘Associate’ EU Membership Bid

A WSJ report on EU "associate membership" prompted a swift denial from Carney, even as...
Sunday, September 13, 2026, 11:27:57 PM

Canada Ends Federal Oversight In Favor Of Faster Project Approvals

Canada has officially scrapped its federal review process for major infrastructure and mining projects. Prime...

Tuesday, March 25, 2025, 12:54:00 PM

Marcos, Carney Meet in Vancouver as Philippines Seeks Energy Deals Amid Middle East Fallout

The first Philippine presidential visit to Canada in over a decade centers on energy diversification,...
Thursday, July 2, 2026, 12:22:49 AM

Carney, Not Poilievre, Getting Credit for Axing the Carbon Tax

New polling data reveals an unexpected twist in the Canadian federal election — one that’s...

Thursday, April 10, 2025, 11:23:00 AM