Carney: Canada ready to wait for a new US president to secure a trade deal

Canadian Prime Minister Mark Carney said Canada is prepared to wait for a new US president to secure a suitable trade deal.

• Carney told Politico that Canada will not sign a deal "just to have a deal" and would wait for a new US president if necessary.
• Trade talks have stalled since Canada withdrew from negotiations in August, with both sides imposing new tariffs this fall.
• Carney endorsed in principle the EU's proposal to grant Canada "associate member" status, which Germany-led opposition blocked at the Montreal summit.
• Carney said Canada must build technological capacity to reduce reliance on foreign powers, citing the recent slowdown of Starlink satellite service in Ukraine as a risk.
• European Commission President Ursula von der Leyen joined Carney in announcing an 'Alliance for the Future' spanning supply chains, defense cooperation, and EU investment in Canadian critical minerals.
• The two leaders agreed to study new undersea data cables linking Canada with Europe and Asia.