Politics
Carney pitches 'unique alliance' with Europe as Canada seeks to cut US reliance
September 15, 2026 at 08:58 PM · Updated 30d ago
Coverage
3 reports · over 9 hours
BNBBC News
Carney's new love-in with EU has everything to do with Trump
(opens the publisher’s site)
TGThe Guardian
Carney says Canada will pursue ‘unique economic alliance’ with EU amid US trade spat
(opens the publisher’s site)
AJAl Jazeera English
Carney visits Europe: Can Canada seek refuge with the EU amid US trade war?
(opens the publisher’s site)Prime Minister Mark Carney has opened a visit to Europe this week seeking a closer strategic alliance with the EU amid an escalating trade war with the United States.
- Carney said Canada will pursue a "unique security and economic alliance" with Europe, ruling out "associate EU membership" in favour of a "unique alliance."
- He announced a corporate tax "mega-deduction" allowing companies to immediately deduct 100 percent of new investment costs and said Canada will open four major airports to foreign investment.
- Canada earlier this year became the first non-European country to join the EU's €150bn defence loans scheme, while Carney's office announced nearly C$500bn in new domestic investment ahead of the summit.
- The US currently imports more than 70 percent of Canadian goods, worth over $300bn a year, as the two countries impose tit-for-tat tariffs after trade talks collapsed in August.
- Carney is scheduled to address the European Parliament after European Commission President Ursula von der Leyen outlines EU priorities.