Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Carney vows to transform Canada economy to withstand Trump
LONDON, United Kingdom&mdash;&nbsp;Governor of the Bank of England, Mark Carney speaks during the Bank of England Financial Stability Report press conference, at the central bank in central London yesterday. <strong>(Photo: AFP)</strong>
International News, Latest News
May 2, 2025

Carney vows to transform Canada economy to withstand Trump

OTTAWA, Canada (AFP) – Prime Minister Mark Carney promised Friday to oversee the biggest transformation of Canada’s economy since the end of the Second World War to enable it to “stand up” to Donald Trump.

Carney led the Liberal Party to a dramatic fourth mandate in elections on Monday after a campaign focused on the US president’s threats to Canada’s economy and sovereignty.

Liberals fell just short of the 172 seats needed for majority control of parliament, but with 169 confirmed wins they will be in a strong position to pass legislation. Recounts in two closely contested electoral districts saw the party lose a seat in Quebec province but gain another in Ontario.

At his first press conference since his victory, Carney struck a determined note.

Known for weighing his words carefully, he said that he was “in politics to do great things, not to be something.”

“And now that Canadians have honored me with a mandate to bring about big changes quickly, I will work relentlessly to fulfill that trust,” he said.

 

– Trump talks –

Canada’s strained relations with the United States — historically, its close ally and biggest trading partner — was among his “immediate priorities,” he said, announcing a trip to Washington next Tuesday to meet with Trump on trade and security issues.

Canadians elected him “to stand up to President Trump,” he said, adding that he will act “with focus and determination.”

“Our focus will be on both immediate trade pressures and the broader future economic and security relationship between our two sovereign nations,” said Carney.

But he warned also not to expect any “white smoke” from their first meeting signaling a sudden breakthrough.

Carney reiterated his message from the campaign that he believes the old relationship between the two North American neighbors “based on steadily increasing integration is over.”

“The questions now are how our nations will cooperate in the future,” he said.

Trump “respects strength,” he added, explaining that this was why he was preparing the country for major changes including a massive build-up of infrastructure and new housing.

The Conservatives, the main opposition party, as well as the Bloc Quebecois, the third-largest party in Parliament, both called for unity after the elections to fight US levies including on the automotive and steel sectors.

Carney, who previously headed the Bank of Canada and the Bank of England, promised to maintain counter-tariffs on American products as long as Washington’s measures were in place.

 

– ‘Economic destiny’ –

“This will be an incredibly exciting time as we take control of our economic destiny to create a new Canadian economy,” Carney said.

To this end, he promised to abolish existing trade barriers between Canadian provinces by July 1 to expand the economy, and to strengthen trade with “reliable allies.”

“Canada has what the world needs, and we uphold the values the world respects,” he said.

He announced also that he would unveil his new Liberal government in the week of May 12 and that parliament would return on May 26.

King Charles III — Canada’s head of state, as it is a British Commonwealth country — will deliver the opening speech, Carney said.

“This is a historic honor which matches the weight of our times,” he emphasised.

“It clearly demonstrates the sovereignty of our country,” he said in a pointed reference to Trump’s ambitions to make Canada the 51st American state.

The ceremonial speech, which marks the opening of a new session of the Canadian Parliament and outlines the government’s goals, is usually delivered by the governor general, who is the King’s representative in the country.

Tags:

Canada Donald Trump Mark Carney
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Jamaican among four denied bail on drug charges in The Bahamas
Latest News, Regional
Jamaican among four denied bail on drug charges in The Bahamas
December 30, 2025
NASSAU, Bahamas (CMC) — Four men, including a Jamaican, have been denied bail and will return to court on April 16, 2026 on charges of attempting to s...
{"jamaica-observer":"Jamaica Observer"}
Police searching for motorist involved in MoBay hit-and- run
Latest News, News
Police searching for motorist involved in MoBay hit-and- run
December 29, 2025
ST JAMES, Jamaica — The St James police are searching for a motorist involved in a fatal hit-and-run on Monday evening on the Queen's Drive main road....
{"jamaica-observer":"Jamaica Observer"}
Fish and bammy vendors in Border grateful for gov’t intervention
Latest News, News
Fish and bammy vendors in Border grateful for gov’t intervention
December 29, 2025
KINGSTON, Jamaica — Sales are picking up for vendors at the popular Border food stop, following Government’s intervention to reconstruct the stalls th...
{"jamaica-observer":"Jamaica Observer"}
Suriname investigators say suspected mass killer used his bandages to commit suicide
Latest News, Regional
Suriname investigators say suspected mass killer used his bandages to commit suicide
December 29, 2025
PARAMARIBO, Suriname (CMC) — A Suriname father who is alleged to have stabbed nine people to death on Sunday, including five of his own children, may ...
{"jamaica-observer":"Jamaica Observer"}
48-hour curfew imposed in sections of  St Elizabeth
Latest News, News
48-hour curfew imposed in sections of St Elizabeth
December 29, 2025
ST ELIZABETH, Jamaica –  A 48-hour curfew has been imposed in sections of Lacovia, St Elizabeth. The curfew began at 6:00 pm on Monday, and will remai...
{"jamaica-observer":"Jamaica Observer"}
Police on the scene of double murder in Falmouth
Latest News, News
Police on the scene of double murder in Falmouth
December 29, 2025
TRELAWNY, Jamaica — The Trelawny police are currently on the scene of a double murder on  Wellington Street in  Falmouth. It is not clear how they wer...
{"jamaica-observer":"Jamaica Observer"}
Chemicals used in mosquito fogging safe – Tufton
Latest News, News
Chemicals used in mosquito fogging safe – Tufton
December 29, 2025
KINGSTON, Jamaica — The Ministry of Health and Wellness is assuring the public that chemicals being used in fogging activities are considered safe for...
{"jamaica-observer":"Jamaica Observer"}
Ex-heavyweight champion ‘stable’ following fatal Nigeria crash
International News, Latest News
Ex-heavyweight champion ‘stable’ following fatal Nigeria crash
December 29, 2025
SAGAMU, Nigeria (AFP) — Former world heavyweight boxing champion Anthony Joshua was in a "stable condition" in hospital after a car accident in Nigeri...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct