Carney Discusses Canada-U.S. Trade with Trump Ahead of Midterms

Prime Minister Mark Carney has described his recent conversation with U.S. President Donald Trump as a "good conversation" focused on the future of Canada-U.S. trade. He noted that their discussion "builds on our recent constructive discussions" regarding a potential trade deal. Carney stated on social media that their teams will be working in the coming weeks to achieve a favorable outcome.

According to a senior source, formal negotiations are expected to restart, with the automotive sector anticipated to be a significant point of contention, similar to previous discussions that stalled in August. Carney emphasized that Canada is not yet ready to agree to a U.S. trade deal, as Ottawa seeks an agreement that serves the best interests of Canadians. He reiterated that Canada aims for deals that benefit both nations, maintaining a consistent stance on the matter.

As the U.S. midterm elections approach, Trump and other senior officials have indicated that progress is being made in trade discussions. However, sources have informed CBC News that Canadian officials have communicated to industry groups that a deal is unlikely to be reached before the elections.