US trade relations: Bill Carroll on Carney's NYC trip

Added: 2026-05-30

[00:00:00]Prime Minister Mark Cardi was in New York City  yesterday. He met with business leaders pitching investment in Canada as the relationship between  the two nations remains rocky. Let's check in with Bill Carroll from the Morning Russian News Talk  580 CF to get his thoughts. And happy Friday to you, Bill. Where Eagles Dare, 1960s Clint Eastwood  World War II movie. My uncle took me when I was a little boy, and I can watch that movie a hundred  times and never gets tired. The special effects may not be quite as good as I thought they were at  the time. No, that's my choice. But at the time, Bill, were they not amazing? [laughter] Amazing.  Mind-blowing. It's like watching the first Star Wars movies. Now, you go, "Really? People  lined up to see [laughter] that?" I know.

[00:00:41]So good. Hey, I'm happy to see the prime minister  in the United States talking to businesses and and others. He's actually talking mostly  indirectly to Donald Trump, I think. But I wanted to mention this because I'm not going  to tell you I have some big secret source.

[00:00:58]But when you do this job in the nation's capital,  you hear from people. Some of them say they work in government. They're involved in negotiating  these deals. And you never know if it's true. But when you get enough of these kinds of calls  and you hear from people who know people and I get texts and emails from business people and  there's a trend that I've been hearing recently and the trend is frustration about Mark  Carney. I think a lot of what he's doing is putting on a show for for Donald Trump. But when  he makes these announcements about trade deals or memorandums of understanding for future  trade deals, a lot of people are saying, "What are we doing here? This is not what we need.  We need to fix the problem with the US." It's all very well and good to do a trade deal with a  foreign country, but in the end, our businesses, Canadian businesses, have to want to do business  in those countries, and many of them are just too far away geographically for it to make  financial sense. Others are in countries where you don't feel your employees are going to be  safe. Uh you feel like you have to bribe local officials in order to succeed there. And we  know what happens if you break Canadian law.

[00:02:03]We've seen it before with big infrastructure  companies that get in trouble with Canadian law, but there's no other way to do business in some  of these parts of the world. So, it's all very well and good to have this long increasing list of  countries that we could trade with, but we don't want to trade with. We need the partnership with  the US to work. Doesn't mean we shouldn't expand trade in areas where it makes sense. But we're  never going to replace that relationship. So, it's very important that the prime minister gets his  message across. And I think a lot of the people who've been reaching out to me are going to be  very happy to see that he's there trying to make something work with the Americans. Yeah. And Bill,  Statistics Canada is going to release how the Iran war and the US terrorist has affected our our  economy here in Canada coming up maybe a little bit later this morning or this afternoon. So  we'll see the impact of that. Regardless, have a great show, my friend, and a great weekend. Yeah,  just have to drive to the gas station and we'll all see it exactly for what it is. Have a great  weekend, guys. You as well, Bill. And remember you can listen to the morning rusher Bill Carolyn  new stock 580 CFRA weekdays from 6 till 10 in the