Carney prepared for risk that Trump might order U.S. to invade Canada: ‘That’s just risk management’
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Mark Carney●
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B.I.A.S. ANALYSIS
CENTER RIGHT
Signal breakdown
Heuristic (v1/v3)
-0.40 · CENTER-LEFT
ML v2 (DistilBERT)
0.328 · RIGHT
Ensemble
0.328 · CENTER RIGHT
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Rolling outlet bias
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avg -0.398
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7-day bias trend
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Carney prepared for risk that Trump might order U.S. to invade Canada: 'That’s just risk management'
The prime minister had several talking points in his interview with the New York Times. But invasion was the one that stood out
Author of the article:
By Chris Knight
Published Sep 24, 2026
Last updated 13 minutes ago
5 minute read
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Prime Minister Mark Carney at Parliament, Sept. 24, 2026 in Ottawa. PHOTO BY DAVE CHAN /AFP via Getty Images
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Prime Minister Mark Carney touched on a wide range of topics during an hour-long interview with the New York Times yesterday — F-35 jets, Starlink satellites, trade in potash and automobiles and more — but the biggest takeaway was that he had prepared over the past year for the “extreme tail risk” that U.S. President Donald Trump might order military action against Canada.
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“I think you have a responsibility in these roles to look at extreme tail risk,” said Carney, using a term from the financial world that was his metier as a former central banker for Britain and Canada. “That’s just risk management … it would be irresponsible not to.”
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The expression refers to a scenario that is considered unlikely but not impossible — the “tail” of a probability curve where the centre represents the most likely outcomes.
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Carney told the Times that, based on Trump’s threats to make Canada a 51st state, he had carefully examined the possibility of U.S.-led military action, but declined to discuss in detail what that involved.
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Timothy Sayle, a professor at the Munk School of Global Affairs and Public Policy at the University of Toronto, said Carney’s comments indicate a valid concern.
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“It makes sense to me that it’s at the real extreme end of possibilities, but I don’t think it’s a zero per cent chance,” he told National Post.
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The U.S. incursion into Venezuela this year and its threats against Greenland made its allies, including Canada and Europe, take notice, Sayle…
Read full article at National Post ↗
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