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

Gold Isn’t In A Bubble, Currency Is. – Doug Casey

The Real Move Begins When They Cut Rates | Peter Krauth

Is Altamira Gold Sitting On Brazil’s Next Big Gold Discovery?

Recommended

Stifel Initiates Coverage On Goliath Resources With $5.00 Price Target

ESGold Completes Mill Building Construction, Final Equipment Procurement Underway

Related News

Zero Pipelines On Ottawa’s National Interest Projects List

Ottawa’s first “projects of national interest” list contains zero oil pipelines, according to three sources...

Thursday, September 11, 2025, 10:36:00 AM

The Liberal Party Is Starting to Lean Heavily on Mark Carney

The Liberal Party of Canada is increasingly turning to former central banker Mark Carney as...

Wednesday, October 2, 2024, 10:31:29 AM

Professor Says Canada’s Dairy, Poultry Policies Cost Consumers

A University of Manitoba professor said Canada’s supply management system for dairy and poultry costs...

Monday, July 21, 2025, 11:31:00 AM

Is Mark Carney Entering Politics?

In the past week, a notable shift has unfolded in the landscape of Canadian politics....

Friday, November 10, 2023, 12:59:00 PM

Carney Rebuffs Ford’s Call to Hit Back at US Over Tariffs

Prime Minister Mark Carney on Thursday rejected calls from Ontario Premier Doug Ford to impose...

Friday, October 17, 2025, 12:54:00 PM