'Position of strength': Confronted with a new world order, Carney and cabinet meet in Banff to chart path forward
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'Position of strength': Confronted with a new world order, Carney and cabinet meet in Banff to chart path forward
'For an investor, wherever they're from, (Canada's) a country that respects the rule of law, a country that is reliable,' said Carney
Author of the article:
By Bill Kaufmann
Published Sep 10, 2026
5 minute read
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Prime Minister Mark Carney speaks in a press conference during a cabinet retreat at the Banff Centre in Banff on Thursday, Sept. 10, 2026. Gavin Young/Postmedia
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BANFF — Embroiled in an escalating trade war with the U.S., Prime Minister Mark Carney and his cabinet gathered in Banff on Thursday to forge a way ahead in a time of upheaval.
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Ahead of Parliament’s resumption Sept. 21, the government’s cabinet planning forum dug into the task of strengthening the country’s economy and infrastructure and diversifying trade, while navigating a whipsaw trade war with an increasingly belligerent U.S. administration under President Donald Trump.
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“We have made bold changes, including new major infrastructure projects, a new Defence Industrial Strategy and a new tax credit to make Canadian businesses more competitive,” Carney said in a statement ahead of the meeting.
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“In parallel, the government is rapidly diversifying Canada’s trade and defence relationships abroad. In the face of serious headwinds, the government is not changing course.”
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In a break in the sessions, Carney reiterated that he’s willing to resume negotiations with the U.S. in an environment of “professionalism and respect.”
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“We’re always ready to sit down in a professional way to negotiate — we think there is a mutually beneficial deal that respects our sovereignty and is in the interests of both countries,” he told reporters.
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There’s a need for “credibility and stability” before talks are back on, he added.
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He also said his government is still reviewing its options on retaliating to the…
Read full article at Calgary Herald ↗
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