CSPAN2 — Canadian PM Carney on the Escalating Trade War With U.S.

20260825 10:11 UTC · 00:08:00 · 114 transcript segments · GDELT Visual Explorer · plain-text transcript · Event Map

Amid an escalating trade war with the U.S., Canadian Prime Minister Mark Carney announced "the largest shipbuilding initiative in Quebec's history," with the government of Canada investing more than $11 billion to build six new program icebreakers for the Canadian Coast Guard. The announcement came days after President Trump imposed 50% tariffs on several Canadian imports following the collapse of trade negotiations between the U.S. and Canada. Carney said that while progress had been made in the talks, "in the end, that momentum reversed, and we could not accept what the U.S. had offered." The prime minister also announced that Canada was diversifying its trade relationships beyond the U.S., saying, "In the last year alone, Canada has signed more than 20 trade and security deals across five continents."<br /><br />Sponsor: Canada | Office of the Prime Minister

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Transcript

Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.

00:00:00with them uh, they've been taking actions to protect their own market,
00:00:03to make to to try to get hold of trans shipment, which is something that we're worried
00:00:07about, uh, so we'll see what conversations look like with them for this week. thanks
00:00:10everybody talk about secretary's role in
00:00:13this,
00:00:17the history of to Canadian prime minister Mark Carney now on what he's calling the
00:00:20largest ship building initiative in Quebec's history, a met
00:00:24escalating trade war with the United States. he also talks about his plan
00:00:27to diversify the country's trade partner.
00:00:30beyond the US, it's just under 10
00:00:32minutes,
00:00:35the goal of our trade negotiations with United States
00:00:39has always been to get the best deal for
00:00:43Canadians, never deal at any
00:00:46price or in any time
00:00:47frame.
00:00:56Well, we made progress, we did make some progress in recent weeks. in
00:01:00the end that momentum reversed and we
00:01:03could not accept what the US had offered, nor could we
00:01:07give what they asked, and by standing up for our values and
00:01:11focusing on what we can control, we will
00:01:14build for in Canada for
00:01:1742.
00:01:24now that's not to say there won't be challenges in the road
00:01:28ahead, but we're ready. to meet them because we have all we
00:01:32need right here, the workers, the
00:01:35engineers, the ambition and the right
00:01:39plan, the right plan
00:01:42open throughout for a stronger Quebec and a stronger Canada, building at home and diversifying our trade
00:01:46abroad, that's not plan B, it's been our
00:01:50plan A from the start,
00:01:53last week in St. Johns, we
00:01:57launched the largest clean energy project in
00:02:00North American history,
00:02:02Madame Premier Fréchette, I
00:02:06would like to thank you for your leadership, your true
00:02:09leadership, which you have shown
00:02:13in bringing this project to
00:02:15fruition.
00:02:24A little context, this project will allow
00:02:27us to produce enough clean electricity.
00:02:54Now diversifying trade is also fundamental to building a stronger, a more
00:02:57independent and a more resilient country. Over the
00:03:00last year, the last year alone, Canada has signed more than
00:03:0420 trade and security deals across five
00:03:07continents. We completed our most recent
00:03:10trade deal with the United Arab Emirates in a record 47
00:03:14days. Canada is now
00:03:17the best connected economy in the
00:03:20world.
00:03:30businesses now enjoy terror free access to one and a half
00:03:33billion consumers, over the next six months, we will double
00:03:37that number through new trade deals with ASEAN and
00:03:40India. This fall, we will begin
00:03:43intense discussions with the European Union, the world's
00:03:46second largest economy, to build a much stronger and deeper
00:03:50economic and security partnership. Now we
00:03:53can build such unparalleled
00:03:56access because we're trusted, because
00:04:00reliable and because we have what the world
00:04:03wants, but our connections
00:04:06depend on accessible, secure sea
00:04:10roots that carry our world class
00:04:13products. the St. Lawrence, one of
00:04:16the world's great trade arteries.
00:04:201959, determined to build our own
00:04:24future by connecting the St. Lawrence to the Great Leaks,
00:04:27Canada Open the St. Lawrence Seaway, seven locks.
00:05:01and the 12 million metric tons of
00:05:04Canadian grain exported last
00:05:08year alone, the highest volume
00:05:11in over three decades,
00:05:13décennies,
00:05:16we are also building to go further,
00:05:19earlier this year,
00:05:23on this same river, we launched the largest
00:05:26expansion project in
00:05:29eastern Canada, the new container
00:05:32terminal at Contrecoeur
00:05:35which will increase the port of Montreal's capacity
00:05:38by 60 %.
00:05:41Just 4 months ago, I
00:05:45believe, sir, we expanded
00:05:48customs services at the Port of
00:05:51Quebec, a project by Mr.
00:05:55by designating the latter as a
00:05:58primary port of entry, the
00:06:01Port of Quebec thus becomes a
00:06:05strategic hub that
00:06:07will contribute even more to the economic
00:06:10vitality of the city of Quebec and
00:06:14Lévis.
00:06:26more Canadian products
00:06:29around the world.
00:06:32through this terminal, every
00:06:36ton transported
00:06:39on this river depends on the maintenance of... the opening
00:06:43of our waters, there is only one type of
00:06:46ship powerful enough to
00:06:50break through the ice and keep these waterways
00:06:55the winter, the David
00:06:57class and it is
00:07:00Canada that will build them.
00:07:04Bravo.
00:07:14Today we're announcing the largest ship building initiative in Quebec's
00:07:17history. The government of Canada will invest more than 11
00:07:21billion to build six new program Ice
00:07:24breakers for the Canadian Coastgard in partnership with
00:07:27Chantier.
00:07:30Dave.
00:07:36The premier of Ontario, Doug Ford talked about the ongoing trade tensions
00:07:40between the US and Canada during his remark. a press conference, this
00:07:44runs about 40 minutes.
00:07:57Ells, how you doing folks?
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