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

How to Still Find 10-Bagger Gold and Silver Stocks | Don Durrett

First Majestic Silver: Jerritt Canyon Is BACK!

Canada May Finally Be Backing Its Battery Supply Chain | John Passalacqua – First Phosphate

Recommended

Silver47 Pulls High-Grade Gold and Silver Assays from Nevada Vein Network At Kennedy

Canadian Gold Resources Taps Chernin as Interim CEO in Planned Transition

Related News

Carney Eyes Scrapping Oil-And-Gas Emissions Cap This Fall

Ottawa is reportedly in active talks to drop the planned oil-and-gas emissions cap this autumn,...

Friday, September 12, 2025, 09:36:00 AM

Carney Warns Canada’s US Ties Have Turned Into Economic Weakness Amid Trade Risks

Prime Minister Mark Carney delivered a direct address to Canadians, pitching his government’s “Canada Strong”...

Sunday, April 19, 2026, 01:23:27 PM

How Over 200% Tariffs Prove That Supply Management Must End

Canada’s supply management regime—originally conceived to stabilize volatile agricultural markets—has calcified into an anti-competitive fortress....

Monday, June 9, 2025, 03:50:00 PM

Canada, India Advance $2.8B Uranium Deal as Carney Meets Modi in New Delhi

Canadian Prime Minister Mark Carney met Indian Prime Minister Narendra Modi in New Delhi on...

Monday, March 2, 2026, 07:05:00 AM

Carney Tables Half-Trillion-Dollar Plan With Revenue Questions Unanswered

Mark Carney’s government tabled its 2025–26 main estimates, unveiling a $486 billion spending plan that...

Friday, May 30, 2025, 11:29:00 AM