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Carney hopes trade war with US will make Canada stronger and more resilient

Ottawa plans long-term airport concessions that could raise tens of billions as Carney says Canada can wait for a better trade deal.

  • On Tuesday, Canadian Prime Minister Mark Carney said Canada will wait for the right conditions to resolve its trade war with the United States, prioritizing long-term economic independence over rushing into a deal with Washington.
  • Trade talks collapsed last month before Washington imposed 50% tariffs on about $20 billion in Canadian goods, prompting retaliation from Ottawa and additional restrictions on Canadian products.
  • Ottawa will seek private investment through long-term concessions to operate Canada's four largest airports while retaining public ownership of land and assets, potentially raising tens of billions for infrastructure.
  • Despite high political tensions, Carney noted that about 80% of trade with the United States remains tariff-free; he cautioned that "nostalgia is not a strategy" for restoring historical trade norms.
  • Carney recounted a blunt exchange where President Donald Trump suggested "maybe they'll shoot you" regarding United States access, illustrating the volatile diplomatic environment Canadian officials navigate during this trade dispute.
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Associated Press News broke the news in New York, United States on Tuesday, September 15, 2026.
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