Friday, November 21, 2025

Latest

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

First Majestic Q3 Earnings: Another RECORD Quarter!

Barrick Q3 Earnings: Juicing Shareholder Returns Amid Declining Production

Wheaton Q3 Earnings: Cash Operating Margins Skyrocket

Recommended

Altamira Gold Encounters Second Porphyry Body, Hitting 3.5 g/t Gold Over 8.0 Metres

Canadian Copper Set To Submit Environmental Impact Assessment In H1 2026 For Murray Brook

Related News

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

Ontario Premier Calls for Mexico’s Exit from North American Trade Pact

Ontario Premier Doug Ford on Tuesday called for Mexico’s potential exclusion from the North American...

Wednesday, November 13, 2024, 02:18:00 PM

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

Carney’s Major Projects Push Mirrors PMO Polling Results

The Carney government’s major projects push is being tuned by polling-tested messaging, with internal surveys...

Friday, September 5, 2025, 10:05:00 AM

Carney Still Holds Multiple Board Positions Despite Claiming Clean Break

Liberal leadership candidate Mark Carney has not fully resigned from his international board positions, contradicting...

Monday, March 3, 2025, 09:20:00 AM