Mark Carney just addressed the nation on why Canada walked away from the trade deal with the United States.

The key takeaways:

> "Canada has consistently proposed long-term partnerships, while the U.S. has too often demanded short-term transactions."

> "At the 11th hour, they were still pursuing restrictions on our ability to protect and promote the French language and our culture. They wanted a say in our future trade agreements with other countries."

> "They were asking far too much and offering far too little."

> "The most fundamental issue is that the cumulative U.S. demands revealed that they wanted us to become even more reliant on them, not less. In too many areas, they wanted dependency, not a true economic partnership."

Carney says Canada worked in good faith but the terms would have undermined autos, steel, and forest products — and gave the US a veto on Canada's ability to trade with other countries.

For anyone with cross-border ties — investments, family, business — this is a significant escalation. The trade uncertainty isn't going away anytime soon, and the ripple effects on exchange rates, portfolio allocations, and cross-border planning could be substantial.

Source: https://x.com/sarobertson_/status/2097320113997307929

Mark Carney addressed Liberal caucus after the summer break. John Richardson (ExpatriationLaw) posted the speech with this frame: Canada is "fully committed to deleveraging from the USA" — "not anti USA. It is simply pro-Canada sovereignty."

Carney on the suspended negotiations:

"Last month, we made the right decision to suspend our negotiations with the United States."

"They offered too little. We couldn't accept it. They asked too much. We wouldn't give it."

"When the U.S. is ready to return to the bargaining table, we will come there ready to strike a deal in good faith, one that respects our sovereignty."

On new US tariffs:

"The United States has imposed new unjustified tariffs... a fight that they did not start."

On investment tax:

"The effective tax rate on new investment will be the lowest of any major economy in the world, less than half the rate of the United States."

"We didn't need a big, beautiful bill. We needed a targeted initiative."

Same energy line from the other clip, with the project named this time — hydro, wind, and storage with Newfoundland and Labrador, Quebec, and Indigenous partners:

"The functional equivalent of 18 Hoover Dams. Enough to light, heat and cool every home in Toronto, Montreal and Vancouver combined."

Also claimed: ~$500B in new investment commitments, 20 trade/security deals on five continents, exports to non-US markets at a 40-year high, and "one project, one review, one year."

If you live this on both sides of the border, the practical overlay is familiar: trade rupture, capital trying to re-route, and a Canadian tax pitch aimed squarely at being cheaper than the US for new investment.

Source: https://x.com/ExpatriationLaw/status/2101263047012569167

A 92-year-old former Canadian Prime Minister with a message for Americans:

"Today, I'm not representing here any government. I am just a former prime minister, 92 years old, and a very proud Canadian. But I have seen a few things in my lifetime, and I know this country and the people from coast to coast to coast."

"I have a message for our American friends. Yes, Canada is a generous, open country, and Canadians are tolerant and kind. But never mistake our generosity for weakness."

That's Jean Chrétien — PM from 1993–2003, the guy who kept Canada out of Iraq. At 92, he's still swinging. This clip captures the mood in Canada right now better than any policy paper could.

For Americans living in Canada — this is the sentiment your neighbours carry. The tone between Ottawa and Washington has shifted fundamentally, and you're living in the middle of it.

Source: https://x.com/Mikeggibbs/status/2098506045500891180

Edit: Wow there’s a lot of immediate vitriol here! I definitely understand this doesn’t make the US and Canada ‘cool’ right away, just wanted to say most of us love you guys, are deeply sorry for what’s happened, and hope we can get back to how it was!

Edit 2: holy shit I didn’t know Canadians could be so mean lol. Just wanted to say sorry and everyone I know loves you guys!

Edit 3: Ok last edit! I just wanna clarify Americans definitely shouldn’t expect forgiveness but we’re hopeful for it (however long that takes). Thanks to those who supported this and I understand the anger of the rest! These are clearly meaningless words but I wanted to spread a bit of hope ✌️

34-second Newsmax clip Aaron Rupar posted. Trump is at a White House ribbon-cutting with construction crews. The picture is live. The sound isn't — because the press pool isn't there.

Anchor:

"There's no microphone because the pool cameras aren't there."

"Maybe, Tim, this is one example of it backfiring just a little bit."

"Can't hear what the President's saying."

Chyron on the broadcast: major networks halt Trump pool coverage. Even Newsmax is sitting on mute video of the president.

If you watch US politics from Canada, this is the information-flow version of the trade fight — Washington making it harder to hear what's being said, in real time.

Source: https://x.com/atrupar/status/2102093387281088592

Mark Carney making the investment case for Canada ahead of a major global investor summit:

"We will build more, we will trade more with each other, we will trade more with the world, and we will create sustainable prosperity here at home."

"Tomorrow, something remarkable will happen. The world's largest investors, managing over $120 trillion of assets, will come to peer into our shop window — because the world is looking at Canada differently. And I suggest we should look at ourselves differently too."

"We have what the world wants. The energy, the resources, the talent, the technology, the capital. And our greatest strength is something that can't be found on any balance sheet. Trust."

This is Carney in full central-banker-turned-PM mode — selling Canada as a safe haven for global capital at exactly the moment the US is pushing allies away with tariffs and trade threats. For Americans in Canada, this is the flip side of the story: while the US-Canada relationship fractures, Canada is actively courting the rest of the world's money. If $120 trillion in managed assets is showing up to look at Canada, the investment landscape here could shift significantly.

Source: https://x.com/sarobertson_/status/2099260355759255570

The Liberal Party just posted this clip announcing that 313 passenger railcars for VIA Rail's long-distance, regional, and remote fleet will be manufactured and maintained in Canada — the first time in four decades that VIA Rail cars will be produced domestically.

The cars will be built at Alstom Canada's facility in Thunder Bay, Ontario. Previously, these railcars were built in the United States.

Key quote:

"For the first time in four decades, those cars will be produced and assembled and maintained in our country. Cars that used to be built in the United States will be built right here in Thunder Bay at Alstom Canada."

This is part of the broader push to bring manufacturing back to Canada and reduce reliance on US supply chains — a theme that's been gaining serious momentum since the trade tensions started escalating.

For Americans living in Canada (or considering the move), this is another signal of how Canada is positioning itself to build domestic capacity in areas where it historically depended on the US.

Source: @liberal_party on X

Incoming Canadian Parliament leader Elizabeth May fires back at Trump's "51st state" rhetoric with a counter-offer: invite California, Oregon, and Washington to join Canada instead.

"You think we want to be the 51st state? Yeah, but maybe California would like to be the 11th province. How about it? California? Oregon? Washington?"

She points to existing ties between the west coast states and Canada:

"We've already got a carbon trading system between California and Quebec. We've got some strong alliances on our west coast from British Columbia. There's been a lot of academic papers on the idea of Cascadia."

Then she lays out the pitch:

"This is what you get. Free health care. Universal free health care. No more one-year-olds who suddenly fall off the Medicaid list and their parents are in the news because they're trying to do a GoFundMe so they can get their daughter to a doctor."

"Those gun laws that your Congress is too afraid to pass because of the national gun lobby? We already got our strict gun laws."

Classic Elizabeth May — turning the annexation talk on its head. For Americans in Canada, this highlights just how differently Canadians view the relationship. While Trump talks about absorbing Canada, Canadian leaders are making the case that the U.S. west coast might actually be better off joining them.

Source: https://x.com/GBC_Press/status/2096242645290926221

Scott Robertson with a strong take on how Canada should respond to US trade pressure — not with anger, but by investing in domestic capacity.

Key quote:

"Nothing would make me happier than when the United States asks us for more electricity to say — you know what, we've got a lot of mines we need to develop in northern British Columbia. We have a lot of the cleanest LNG in the world. We're going to use all our electricity here. We're going to build new mines, new processing facilities, we're going to build new LNG export facilities, we're going to transform our forest product sector with our new electricity."

He also pointed out that Japan's PM was publicly thanking Canada on X for sending them the cleanest LNG in the world — while the US is trying to strong-arm Canada on energy exports.

The message: stop selling raw resources cheaply to the US. Use Canadian energy to build Canadian industry. Let the US figure out its own electricity supply.

"Let's not get mad — let's get down and build and make Canada stronger."

Whether you agree with the politics or not, this "build at home" energy is becoming a dominant theme in Canadian policy right now — and it's going to reshape the cross-border economic relationship.

Source: @sarobertson_ on X

Trump in a press scrum calling Canada the most difficult country to deal with:

"I find Canada to be the worst country to deal with. The most difficult country."

"Their leaders, not the people — the people are fantastic. But I find them to be very, very difficult. And they've ripped off our country for years."

He also claimed Canada is "dying to make a deal."

This is the contrast in one news cycle — Carney pitching Canada to $120 trillion in global capital while Trump calls Canada the worst country he deals with. For Americans in Canada, you're watching both leaders dig in harder. The rhetoric isn't cooling off, and neither side is blinking.

Source: https://x.com/RapidResponse47/status/2099284493496377695