The most recent instance occurred Monday night, when Trump shared an article that stated Canada had entered a “technical recession” for the first time since 2020. In response, the President wrote: “51st State!”
“I think we need to be careful not to put too much weight on any one indicator,” the bank’s senior deputy governor Carolyn Rogers told a parliamentary committee.
“As we consolidate our strengths, there are several opportunities that Canada and the United States should seize to work together and compete with the rest of the world,” said Carney at an event hosted by the Economic Club of New York on May 28. “The time has come for a new partnership that will redefine the economic relationship between our two countries.”
He pointed towards a number of international trade agreements reached between Canada and global partners.
“While Canada and the United States have had our differences over the years, we have always, eventually, worked through them, because our shared values and common interests run deep,” he implored. “Canada Strong will help make America great again.”
The newly-established Canada Strong Fund is set to focus on investments in the country’s infrastructure.
Since then, as well as Trump routinely expressing his desire to annex Canada—a notion Carney has flatly said “will never happen”—there have also been major tariff disputes.
“Canada does not live because of the United States. Canada thrives because we are Canadian,” Carney said in a filmed response.
Carney urges unity in light of Alberta's separation vote
He has called for unity after Alberta Premier Danielle Smith announced the province will hold a referendum on whether to remain in Canada.
Carney, who was Governor of the Bank of England at the time, said he “saw first-hand what happened in the United Kingdom, when the view was ‘vote for this, it'll be soft, and then we'll negotiate.’”
Describing Alberta as “essential,” Carney has said he looks forward to making his case that the province should remain one with Canada.Alberta’s Premier announced the referendum decision on May 21, after a citizen-led petition calling for separation received over 300,000 signatures.
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