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Carney pledges Canada-EU alliance as rift with US widens

Canadian PM Mark Carney announced plans for a "unique security and economic alliance" with Europe at an investment summit, signaling reduced reliance on U.S. trade.

· 1 min read · language: en

Speaking at the inaugural Canada Investment Summit on Tuesday, Prime Minister Mark Carney told investors, company executives and government ministers that Canada will pursue closer economic and political ties with Europe. Carney positioned Canada as a "safe harbour" for foreign capital and a base within what he called a "new global economic order."

The announcement comes as Canada seeks to reduce its dependence on U.S. trade amid ongoing trade tensions with the United States.

Sources

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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