Carney: Canada-US Ties are a Weakness  04/20 06:18

   

   VANCOUVER, British Columbia (AP) -- Canadian Prime Minister Mark Carney said 
in a video address released Sunday that Canada's strong economic ties to the 
United States were once a strength but are now a weakness that must be 
corrected.

   In the 10-minute address, Carney spoke about his government's efforts to 
strengthen the Canadian economy by attracting new investments and signing trade 
deals with other countries.

   "The world is more dangerous and divided," Carney said. "The U.S. has 
fundamentally changed its approach to trade, raising its tariffs to levels last 
seen during the Great Depression.

   "Many of our former strengths, based on our close ties to America, have 
become weaknesses. Weaknesses that we must correct."

   Carney said tariffs imposed by U.S. President Donald Trump have affected 
workers in the auto and steel industries. He added that businesses are holding 
back investments "restrained by the pall of uncertainty that's hanging over all 
of us."

   Many Canadians have also been angered by Trumps comments suggesting Canada 
become the 51st state.

   Carney said he plans to give Canadians regular updates on his government's 
efforts to diversify away from the U.S.

   "Security can't be achieved by ignoring the obvious or downplaying the very 
real threats that we Canadians face," he said. "I promise you I will never 
sugarcoat our challenges."

   It's not the first time Carney, who served as a central bank governor, first 
at the Bank of Canada and later with the Bank of England, has spoken about a 
shift in world power.

   During a speech in January at the World Economic Forum in Davos, 
Switzerland, he received widespread praise for condemning economic coercion by 
great powers against small countries.

   His remarks brought a rebuke from Trump.

   "Canada lives because of the United States," Trump said after the speech. 
"Remember that, Mark, the next time you make your statements."

   There was no immediate White House reaction Sunday to the address.

   Carney's comments came days after securing a majority government following 
special election wins and as the opposition Conservatives push him to deliver a 
U.S. trade deal, which was among his promises in last year's election.

   A review of the current version of the North American Free Trade Agreement 
between Canada, the U.S. and Mexico is scheduled for July.

   In his address, Carney said he wants to attract new investments into Canada, 
double the size of clean energy capacity and reduce trade barriers within the 
country. He also emphasized Canada's increased defense spending, reduction in 
taxes and efforts to make housing more affordable.

   "We have to take care of ourselves because we can't rely on one foreign 
partner," he said. "We can't control the disruption coming from our neighbors. 
We can't control our future on the hope it will suddenly stop.

   "We can control what happens here. We can build a stronger country that can 
withstand disruptions from aboard."

   Carney said simply hoping the "United States will return to normal" is not a 
feasible strategy.

   "Hope isn't a plan and nostalgia is not a strategy," he said.

   Carney said Canada has "been a great neighbor" standing with the U.S. in 
conflicts including Afghanistan, plus two World Wars.

   "The U.S. has changed and we must respond," he said. "It's about taking back 
control of our security, our borders and our future."