Carney warns of tough times ahead in national address as retaliatory tariffs kick in
OTTAWA — Prime Minister Mark Carney is warning Canadians that the country’s pivot away from the United States will come at a cost, but that the alternative would be far worse.
In a national video address set to be released Tuesday — hours after Canada’s retaliatory tariffs kicked in — Carney reiterated Canada’s plan to respond to the U.S. trade war by striking new trade deals with other countries to become less reliant on the U.S.
“We have everything we need to pivot and prosper,” Carney said.
“That pivot will come at a cost. There’s always a cost to action. But it doesn’t come close to the cost of standing still.”


