'Irresponsible Not To Prepare': Canada's Mark Carney On 'Risk' Of US Invasion

Canadian Prime Minister Mark Carney said he'd looked at "extreme tail risk" when asked by the New York Times about whether he'd taken seriously the risk of US military action against his country."I think you have a responsibility in these roles to look at extreme tail risk," Carney told the newspaper, adding, "That's just risk management." A US invasion is "not a base case, but it would be irresponsible" not to prepare, the prime minister said when pressed about the subject and President Donald Trump's repeated rhetoric about making Canada the 51st US state.Carney, in the wide-ranging interview, outlined several ways in which Canada is diversifying away from the US in order to reduce its economic and strategic dependence on the US, which, in light of tariffs and other trade actions, the prime minister and other Canadian politicians now see as a risk.As an example, Carney said Canada will seek…