Canada will soon have a new Prime Minister Mark Carney While the country is struggling with a trade war Launched by US President Donald Trump.
Carney, former Bank of Canada and the Governor of the Bank of England, was selected To replace the outgoing Prime Minister Justin Trudeau as leader of the Liberal Party on Sunday evening. It should be sworn in the coming days.
The economist and the banker He will make bread on him, however, when he takes over the bar at a time of commercial uncertainty with the ally closest to Canada.
The United States has already imposed a 25% tariff on Canadian goods that came into force last week, as are Canada’s counter-triggers on American products worth $ 30 billion. Trump has paused the prices on some, But not all, goods for a month Thursday.
And Canada is preparing for more prices: Trump has threatened some on Canadian dairy and wood as well as all steel and aluminum imports, as well as so -called reciprocal prices on all American business partners, including Canada.
In his first speech After winning the liberal leadership competition on Sunday evening, Carney described the United States as “countries we can no longer trust” and had a warning for Trump.
“We did not ask for this fight, but the Canadians are always ready when someone else drops the gloves,” he said.
“Thus, the Americans, they should not be mistaken, in trade, as in hockey, Canada will win.”
What Mark Carney said about the prices
In his speech of acceptance Sunday evening, Carney said Trump was trying to weaken the Canadian economy with “unjustified prices” while he warned against the “dark days” caused by the American move.
“He attacks families, workers and Canadian companies and we cannot let him succeed,” said Carney.
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He also ignored Trump’s repeated remarks about Canada becoming the 51st American state.
“America is not Canada, and Canada will never be part of America in any way, in shape or shape,” said Carney.
What is Mark Carney’s trade war plan?
As tariff concerns are increasing, business groups have urged the first Prime Minister to direct a united response and to set up policies that say Canada’s economy strengthened.
“During this upheaval period when we sail on the effects of the current American trade war, it is essential that Canada’s public and private sector leaders work together to overcome the challenges we face and seize the upcoming opportunities for our country,” said Goldy Hyder, President and Chief Executive Office of Canada on Sunday.
The Canadian Chamber of Commerce called for a “multi-party effort to ensure that Canada is an open and competitive place for business”.
“This means updating existing infrastructure, reforming our tax and regulatory systems, expanding our export markets and ensuring free trade between provinces and territories,” said Candace Laing, president and chief executive officer of the Canadian Chamber of Commerce.
Friday, the federal government unveiled new support measures worth $ 6.5 billion To mitigate the impact of the American trade war on Canadian workers.
The Minister of Labor, Steven Mackinnon, also announced the temporary expansion of the “labor sharing program” to allow employers to reduce the hours while keeping workers in their employment with support for income.
Carney said he would maintain Canada’s counter-tale in place until all Trump’s prices are lifted.
He is committed to using all the benefits of reprisal rates to support workers in Canada.
“The Canadian government rightly retaliated with our own prices that will have a maximum impact in the United States and a minimum impact here in Canada,” he said.
“And my government will maintain our prices until the Americans show us respect and until they can join us to make credible and reliable commitments to free and fair trade.”
He congratulated the provinces, which published their own sequences for reprisals, to “adapt to combat”.
Carney’s liberal leadership campaign has described the plans to build a stronger and united economy that would remove interprorcal trade barriers.
He also promised to diversify and extend Canada’s trade relations with “reliable” partners and strengthen security at borders.
“We can give ourselves much more, much more than Donald Trump can never take away,” said Carney on Sunday.
To help put more money in Canadians’ pockets, Carney said he would immediately eliminate the federal government’s carbon price on consumers and stop the increase in capital gains.
Conservative leader Pierre Hairy was also vocal in the conviction of Trump’s prices and promising to retaliate for Canadians.
If the elected Prime Minister, Hairy, says that his response plan will include targeting American goods with reprisals and giving money collected by counter-tale to the hardest affected workers, while reducing taxes, overthrowing internal trade barriers and rebuilding the Army of Canada.
Speaking during a rally in London, Ontario on Sunday, Hairy Criticized Criticized Carney, saying that he had made “lower and poorer Canada” while working as an economic advisor for Trudeau.
“For the first time in our history, Canada will have a sly Prime Minister with millions of dollars in financial interests that go directly to our national interest,” said Hairy.
“And don’t be mistaken, Donald Trump will have a big smile on his face while he exploits all the many Carney’s conflicts to attack Canadian workers and Canadian jobs.”
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