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By Prime Minister of Canada – YouTube: https:\/\/www.youtube.com\/watch?v=Gd3MmNeewd4 \u2013 View\/save archived versions on archive.org, CC BY 4.0, https:\/\/commons.wikimedia.org\/w\/index.php?curid=185956573<\/p>\n
OTTAWA \u2014 Prime Minister Mark Carney says Canada must rethink its economic relationship with the United States, warning the country\u2019s longstanding reliance on its southern neighbour has become a vulnerability.<\/p>\n
In a pre-recorded address released Sunday, Carney said the global landscape has shifted and Canada must adapt to a more uncertain and divided world.<\/p>\n
\u201cThe U.S. has fundamentally changed its approach to trade, raising its tariffs to levels last seen during the Great Depression,\u201d Carney said. \u201cMany of our former strengths, based on our close ties to America, have become our weaknesses; weaknesses that we must correct.\u201d<\/p>\n
Carney said workers in key sectors such as auto, steel and lumber are under pressure from U.S. tariffs, while businesses are delaying investment amid ongoing uncertainty.<\/p>\n
\u201cThe U.S. has changed and we must respond,\u201d he said, outlining plans to strengthen Canada\u2019s economy through expanded trade and energy infrastructure, increased clean energy capacity and efforts to create what he described as \u201cone Canadian economy out of 13.\u201d<\/p>\n
He said the measures build on the government\u2019s \u201cCanada Strong\u201d plan introduced during the 2025 election campaign, aimed at reducing dependence on the United States.<\/p>\n
Carney also suggested some political opponents are underestimating the scale of the shift, saying there are those who believe Canada can simply wait for relations with the U.S. to return to previous norms.<\/p>\n
\u201cYoung Canadians have experienced no such good days,\u201d he said, pointing to a generation shaped by global crises including economic shocks and the COVID-19 pandemic.<\/p>\n
The prime minister acknowledged his proposals are ambitious but said bold action is needed in a time of crisis.<\/p>\n
\u201cBut in a crisis, fortune favours the bold,\u201d he said.<\/p>\n
Carney also invoked Canadian history, referencing figures such as Maj.-Gen. Sir Isaac Brock and postwar nation-building projects, saying unity and long-term vision have helped the country navigate past challenges.<\/p>\n
He closed by urging confidence in Canada\u2019s ability to adapt.<\/p>\n
\u201cWe will get through this because of who we have always been,\u201d Carney said. \u201cIt\u2019s our country. It\u2019s our future. We are taking back control, to build Canada strong.\u201d<\/p>\n
Conservative Leader Pierre Poilievre criticized the address, accusing the government of deflecting from domestic economic issues.<\/p>\n
\u201cThe Carney Liberals have given us the worst food inflation, the worst household debt, the worst housing costs, and the only shrinking economy in the G7,\u201d Poilievre wrote on social media.<\/p>\n
Conservative deputy leader Melissa Lantsman also took aim at the government, saying Canadians are more concerned with rising costs than long-term economic messaging.<\/p>\n
\u201cA family filling up a grocery cart in Saskatoon doesn\u2019t need Mark Carney\u2019s economic philosophy,\u201d she said. \u201cThey need the bill at the checkout to stop going up.\u201d<\/p>\n
The address marks part of what Carney described as an effort to communicate more directly and regularly with Canadians as his government responds to shifting global and economic conditions.<\/p>\n
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