With a looming August 1 deadline and the threat of steep U.S. tariffs, Canadian Prime Minister Mark Carney and provincial premiers are united in refusing to rush into a trade agreement with the United States.
Carney has repeatedly emphasized that Canada will only sign a deal that is in the country's best interest, even if it means missing the deadline. The premiers, meeting in Ontario, are divided on how aggressively to retaliate against U.S. tariffs, but support the federal government's cautious approach. Ontario Premier Doug Ford has called for strong retaliatory measures, while others urge a focus on internal trade and economic resilience.
The uncertainty has sparked calls for Canada to diversify its trade partners and reduce reliance on the U.S. market.
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