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The Latest Breaking News from Mark Carney

Canada minister resigns from cabinet over Carney’s controversial oil pipeline deal

Minister Steven Guilbeault says Indigenous nations were not consulted and the pipeline would have ‘major environmental impacts’

The Guardian - UK

Canada's prime minister announces supports for lumber, steel sectors hit by U.S. tariffs

Canadian Prime Minister Mark Carney is announcing new supports for the steel and lumber industries hit hard by U.S. tariffs

The Independent UK

‘Where’s Nige?’ Reform leader skips Starmer’s Ukraine statement, leaving Tice to face the pile-on

With one of his old muckers from the EU days jailed for taking Russian bribes, there was no better time for Farage to absent himself

The Guardian - UK

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TACO Trump hits again: President quietly ignores Canada tariff increase after fury over Reagan ad

Trump has made a habit of threatening tariffs on trading partners, often resulting in a drop in the markets, only for him to walk it back

The Independent UK

Canada Signals No Rush to Restart Trade Negotiations With US, Citing No 'Burning Issue'

Canada says it will resume U.S. trade talks when needed, citing no urgent issues and focusing on tariffs and economic partnerships.

International Business Times

Federal budget 2025: Is Canada Strong actually weak on AI?

Prime Minister Mark Carney’s Liberal government has tabled its first official budget, entitled Canada Strong. It frames itself as a road map of investments being made to strengthen national sovereignty via economic productivity and national defence. Central to those efforts is artificial intelligence.

The Conversation

Carney’s ‘nation-building’ programme misses mark to be truly transformative for Canada

The $C56bn plan focused on investing in a resource economy falls short of changing Canadians’ day-to-day lives

The Guardian - US

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Canada’s European pivot: Could an inclusion in the Eurovision Song Contest be next?

Canada is exploring the possibility of joining Eurovision, something officials say reflects the country's effort to assert its cultural independence and deepen ties with Europe. The EBU has confirmed early talks are underway, but no decision has been made.

Euronews

Canada pushes to join Eurovision: ‘This is about protecting our identity’

Country explores taking part in the glitzy song contest as it distances from the US and seeks to deepen ties with Europe

The Guardian - US

Green finance was supposed to contribute solutions to climate change. So far, it’s fallen well short

A decade ago, a seminal speech by Mark Carney, then governor of the Bank of England and current Canadian prime minister, set out how climate change presented an economic risk that threatened the very stability of the financial system.

The Conversation

Why the 2025 federal budget won’t really make Canada strong

Canada’s 2025 federal budget, and those that follow in the coming years, may prove to be the most important since the beginning of the Second World War.

The Conversation

Carney survives two confidence votes on budget, quashing fears of winter election

Minority government benefitted from opposition members voting across the aisle, paving way for billions in spending

The Guardian - US

Federal budget: Mr. Prime Minister, child care is infrastructure too

Why is Prime Minister Mark Carney’s budget pressing the pause button on early learning and child care?

The Conversation

Canada budget adds tens of billions to deficit as Carney spends to dampen Trump tariffs effect

Budget envisions significant increase in defence spending, cuts to civil service and ‘generational investments’

The Guardian - AU

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The Guardian - US

Canada’s Liberal party says budget of ‘sacrifice’ needed to avoid recession

Country set to unveil PM Mark Carney’s spending plan as it battles trade war with US and protracted cost of living crisis

The Conversation

Mark Carney’s apology to Donald Trump: Far from ‘elbows up,’ it seems Canada has no elbows at all

Canadians have learned in recent days that Prime Minister Mark Carney did indeed apologize for an Ontario advertisement that used Ronald Reagan’s own words to correctly portray the late United States president’s views on the importance of free trade.

The Guardian - UK

Sadiq Khan calls on Reeves to bring ‘authentic’ Labour budget that boosts green investment

London mayor says government should stay true to its beliefs and face down those who claim net zero adds to cost of living

The Independent UK

‘That’s harsh’: CNN’s Tapper taken aback by Treasury boss Bessent’s Blue Jays dig after epic World Series Game 7 loss

Scott Bessent poked fun at Ontario Premier Doug Ford after the Blue Jay’s dramatic loss in Game 7 of the World Series

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Benzinga

Canada's Mark Carney Confirms He Apologized To Trump Over Anti-Tariff Ad: 'It's Not Something I Would Have Done'

Canada's Prime Minister Mark Carney confirmed that he issued an apology to President Donald Trump following the broadcast of a contentious anti-tariff advertisement in Ontario.

The Independent UK

Dodgers fan who ran onto field brandishing Stars and Stripes loudly booed in Toronto

Security guards quickly tackled the fan during Game 6 of the World Series as political tensions between the North American neighbors continue

The Independent UK

Canada’s Mark Carney says he apologised to Trump after president was ‘offended’ by Ronald Reagan ad

Trump branded the ad ‘crooked’ and suspended trade talks with Canada

The Guardian - AU

Xi Jinping’s moment and whirlwind diplomatic tours: key takeaways from the Apec summit in South Korea

With Trump electing to fly back to Washington on the eve of the main summit, what did Apec’s remaining leaders achieve in his absence?

The Independent UK

Xi and Carney, meeting in South Korea, try to rebuild China-Canada relations

Chinese President Xi Jinping and Canadian Prime Minister Mark Carney have taken steps to mend their countries' fractured ties

The Guardian - UK

Era of free trade and investment is over, Canada’s PM tells Apec summit

Mark Carney warns Asia-Pacific leaders global economy undergoing profound change, as China’s president mounts defence of free trade

International Business Times UK

US and Canada Slash Interest Rates as Economic Pressures Mount — But Will It Be Enough to Avert a Slowdown?

The US Federal Reserve and the Bank of Canada have both cut their benchmark interest rates by 0.25% to stimulate economic activity amid ongoing challenges.

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