Carney says Canada can wait for right conditions in Trump trade war, emerge stronger

Canadian Prime Minister Mark Carney said on Tuesday (September 15, 2026) that Canada intends to emerge from its trade war with the United States as a more resilient and independent economy, signalling that Ottawa is prepared to wait for the right conditions rather than rush into a deal with Washington.

“And to our American friends, let me say this. We will always be neighbours,” PM Carney told hundreds of global investors gathered in Toronto for his Canada Investment Summit.

But he said the relationship works when the two countries engage as “true partners that respect each other's traditions and sovereignty.” “When those opportunities return, Canada will be an even better partner — stronger, more resilient, more independent,” he said.