Finance

Carney urges EU to deepen trade ties as Canada reassesses US reliance

Canada’s prime minister says closer economic links with Europe could strengthen resilience amid political and trade-related turmoil involving Donald Trump.

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Owen Mercer
Markets and Finance Editor
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Source: Financial Times · View original source
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Canadian Prime Minister Mark Carney has urged the European Union to deepen its trade ties with Canada as Ottawa reassesses its reliance on the United States.

In comments reported by the Financial Times, Carney said stronger economic links between Canada and Europe would make both sides “more resilient” amid turmoil involving Donald Trump.

The appeal comes as Canada seeks to strengthen its economic relationship with the EU. The supplied material does not specify which trade measures, sectors or timelines Ottawa is proposing.

Carney’s remarks do not amount to a concluded Canada-EU trade agreement, nor do they establish that Canada is formally pivoting away from the United States.

The development points to a push for closer European ties as Canada responds to political and trade-related uncertainty involving its largest economic partner.

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