Canada and the United States share deep economic interdependence, with Canada supplying 99% of US natural gas imports, 85% of electricity imports, and 60% of crude oil imports, while Canada is America's largest customer, purchasing more goods than China, Japan, and Germany combined; this partnership strengthens both economies through integrated supply chains where 70% of Canadian exports serve as inputs for American manufacturing, demonstrating how resource-rich nations can enhance each other's prosperity through strategic cooperation.
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Mark Carney Calls For New US-Canada Partnership To “Help Make America Great Again”Added:
Say a few words. I'm just going to begin in French because Canada is a proudly bilingual country and we have our media here.
The world is is undergoing a rupture led and there's positives and challenges within this led by the United States technological change is accelerating the pace we have not seen in our lifetime.
The US is transforming all of its commercial relationships as is its right.
The world is becoming more divided and dangerous.
And Canada recognize these developments earlier than most and our response reflects the core lesson that we've taken from these tectonic shifts.
Namely that is that we have to take care of ourselves and we have to be true to ourselves.
>> He established an international career in finance and public service helping to guide >> As the United States approaches its 250th birthday happy birthday as the most in advance um as the most but it approaches this moment as the most dynamic, resilient and inventive country the world has ever seen.
As a country whose founding values of liberty, democracy, justice and openness should continue to serve as guides to its future and the future of the world.
That future should include a new partnership with Canada. A true partnership that reimagines cooperation in specific sectors that are deeply challenged by global competition.
A partnership with a different Canada, a stronger Canada, a more confident Canada.
>> progress.
Mark served as governor of the Bank of Canada during >> At a time of a global energy crisis, Canada provides the United States with reliable power, with critical minerals that help fuel American growth.
99% of US natural gas imports, 85% of electricity imports, 60% 60% of crude oil imports.
That is mutual strength.
Let's be absolutely clear.
Canada strong will help make America great again.
We have made specific practical proposals to the US administration.
Consider aluminum.
It's basically electricity in an ingot.
And Canadian exports to the United States are the energy equivalent of 10 Hoover dams.
With America's growing energy needs because of the incredible transformation here, does it really make sense to build the gigawatts here needed to replace Canada?
On automobiles, Canada is far and away America's biggest customer. And an integrated North American market for production is the best and most durable way to confront intense truly intense global competition.
On critical minerals, with our endowments from potash, nickel, copper, uranium, lithium, cobalt beyond, Canada can be the most reliable supplier that America needs to put affordable food on the table, strengthen national defense, and and meet the exploding demand to power AI.
Canada is America's largest customer. We buy more goods from America than China, Japan, and Germany combined.
Those common interests run through our supply chains, where 70% of Canadian exports are inputs to American cars, homes, aircraft, machinery, finished goods, creating hundreds and hundreds of billions of dollars of US value add.
>> Yeah.
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