Wednesday, May 13, 2026
ADVT 
National

Canada won't 'leverage' energy, critical minerals in trade talks: PM

Darpan News Desk The Canadian Press, 01 May, 2026 02:13 PM
  • Canada won't 'leverage' energy, critical minerals in trade talks: PM

Prime Minister Mark Carney says Canada will not use energy or critical minerals as “leverage” in upcoming trade talks with U.S. President Donald Trump’s administration.

But Carney suggested further integration with the United States in those sectors — highly coveted by the Trump administration — remains in question.

“I reject that characterization of it’s leverage. It's looking at, is it in our mutual interest to trade more. Where is it? And if it's not there, we have other options,” Carney said Friday in his first interview with The Canadian Press since entering federal politics.

"Should we be further integrating our energy markets with the United States at a time they view that as, quote, 'leverage'?"

Carney's comments come as his government grapples with damaging U.S. tariffs that remain locked in place as a scheduled review of the continental free trade pact approaches.

Carney pointed to the plight of Canada’s “incredibly” integrated automobile market, which he said is at risk of being “pulled apart” by U.S. tariffs.

On Wednesday, United States Trade Representative Jamieson Greer told a group of visiting Canadian politicians, trade envoys and businesspeople in Washington that Canada should not attempt to use its energy and natural resources as leverage in negotiations on the continental free-trade pact.

Greer said the administration is looking to work with Canada on energy and critical minerals development in ways that would benefit both countries.

Carney spoke with The Canadian Press in his office on Parliament Hill, now decorated with sports paraphernalia — an Edmonton CFL helmet and football, various items of Oilers swag. The office has changed noticeably since the departure of his predecessor Justin Trudeau, who was less of a sports fanatic and more of a sci-fi buff — though did have a Habs jersey on display.

Carney granted a rare series of interviews to journalists this week, including CBC News and the French-language newspaper La Presse, to mark the one-year anniversary of his electoral victory last year and highlight some of his accomplishments.

He talked up a marked improvement in federal-provincial relations over the past year and the creation of new federal offices to speed up industrial project approvals and major government purchases for the military.

Carney also defended Trudeau’s record on trade and his handling of Trump. He credited Trudeau with successfully negotiating the CUSMA agreement during Trump’s first term in the White House.

The Canadian Press asked Carney if he understands Trump and his notions about the “art of the deal” better than Trudeau did, given the stark change in the tone of the relationship with the U.S. president that happened when Carney succeeded Trudeau.

Carney said he’s learned over the past year that Trump prefers being spoken to directly but respectfully, and abhors statements cloaked in “flattering language.”

Carney said that CUSMA “stands the test of time” and added he believes most of the trade pact will survive its upcoming renewal.

“Much of it will be retained. Some things are going to have to change, but we're looking to make sure they change in a way that's in Canada's interest,” he said.

Picture Courtesy: THE CANADIAN PRESS/Spencer Colby

MORE National ARTICLES

BC Hydro's challenge: Powering province through surging demand, drought and trade war

BC Hydro's challenge: Powering province through surging demand, drought and trade war
British Columbia's power utility is facing transformational challenges of drought, rising costs and a trade war with the United States as it works to meet electricity demand that's surging after two decades of relative stability.

BC Hydro's challenge: Powering province through surging demand, drought and trade war

Top finance officials from G7 countries gather in Banff for three-day summit

Top finance officials from G7 countries gather in Banff for three-day summit
High-ranking officials from the world's top economies are inBanff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence.

Top finance officials from G7 countries gather in Banff for three-day summit

Here's a list of April inflation rates for Canadian provinces

Here's a list of April inflation rates for Canadian provinces
Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says. Here's what happened in the provinces

Here's a list of April inflation rates for Canadian provinces

Inflation slows sharply to 1.7% in April as consumer carbon price ends

Inflation slows sharply to 1.7% in April as consumer carbon price ends
The end of the consumer carbon price at the start of Aprildrove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store.

Inflation slows sharply to 1.7% in April as consumer carbon price ends

Netanyahu says Canada, U.K., France offering 'huge prize' to Hamas with Gaza letter

Netanyahu says Canada, U.K., France offering 'huge prize' to Hamas with Gaza letter
Israeli Prime Minister Benjamin Netanyahu has accused Canada, the United Kingdom and France of giving Hamas "a huge prize" by threatening to take action against Israel over the humanitarian crisis in Gaza.

Netanyahu says Canada, U.K., France offering 'huge prize' to Hamas with Gaza letter

Here's what you need to know about King Charles and Queen Camilla's visit to Ottawa

Here's what you need to know about King Charles and Queen Camilla's visit to Ottawa
People in Ottawa will have several chances to get a glimpse of the King and Queen during next week's royal visit to Canada, their first since King Charles's coronation.

Here's what you need to know about King Charles and Queen Camilla's visit to Ottawa