Many of our former strengths — based on close ties to America — have become our vulnerabilities," said Canada's leader.

Free-trade talks were put on hold in late 2023 after then-Prime Minister Justin Trudeau accused the Modi government of being involved in the killing of Sikh activist Hardeep Singh Nijjar in Surrey, Canada.

Canada will not allow unfair U.S. access to its markets if talks on various trade deals with Washington ultimately fail, Prime Minister Mark Carney told reporters on Thursday.

The Canadian prime minister talks about renegotiating trade deals under Trump, balancing climate goals with oil revenue and why Canada can’t afford to let Washington lead.

Prime Minister Mark Carney said one of the budget plan’s targets is to double the level of exports to non-U.S. markets within a decade.