Canadian Prime Minister Mark Carney said negotiations with the United States remain active, emphasizing that Canada is pursuing a broader agreement rather than rushing into a limited or partial trade deal. He stressed that discussions have been constructive and centered on Canada’s most important economic sectors.

Key comments (reverse chronological order):

• This week’s interactions with the United States have shown a high level of engagement and demonstrate the seriousness of the trade relationship.
• Everything is on the table if there is no deal or if the United States follows through on its latest tariff threats.
• Interim USMCA trade agreements mentioned by U.S. Trade Representative Jamieson Greer are consistent with the structure of the USMCA.
• Canada continues to have very good and deepening ties with Mexico despite ongoing USMCA negotiations.
• The reason Canada has not signed a partial USMCA agreement is that the government remains focused on securing a deal that addresses critical sectors.
• Some elements of the talks on a possible USMCA deal will extend towards the end of the year

Summary

The comments suggest Canada is maintaining a firm negotiating stance. While discussions with the United States appear constructive and ongoing, Ottawa is prioritizing a comprehensive agreement that protects key industries instead of accepting a piecemeal deal. At the same time, Canada made clear it is prepared to consider all options if negotiations stall or additional U.S. tariff measures are imposed.

This article was written by Greg Michalowski at investinglive.com.