'They want our land': Canada's new PM Mark Carney slams Trump’s threats, vows to protect economy

Mark Carney, Canada’s new Prime Minister, strongly criticised Trump’s policies in his first speech on Sunday.
The former head of Canada’s and the UK’s central banks, replaces Justin Trudeau after winning 85.9% of the vote among Liberal Party nominees. Carney takes charge amid rising tensions with the United States, as Donald Trump’s administration prepares to impose tariffs on Canadian goods.
In his speech, Carney accused Trump of threatening Canada’s economy and way of life. He vowed to create new trade deals with reliable partners and protect Canadian businesses from US pressure. Carney also promised key economic reforms, including scrapping the consumer carbon tax and halting a planned capital gains tax increase.
Mark Carney, 59, is no stranger to financial crises. As the former Governor of the Bank of Canada (2008-2013) and the Bank of England (2013-2020), he played a major role in steering both countries through economic turbulence. Now, as Prime Minister, he faces a new challenge—protecting Canada’s economy from US trade policies under Donald Trump.

At a party event in Ottawa, Carney didn’t hold back. “In trade, as in hockey, Canada will win,” he declared. He accused the US of unfairly targeting Canada, saying, “The Americans want our resources, our water, our land, our country.”
With US tariffs set to take effect on April 2, Carney pledged to strengthen Canada’s economy through new global partnerships. “We can no longer trust our biggest trading partner,” he said. “We must build relationships with reliable allies.”
Carney also outlined his domestic policies, promising to replace the divisive consumer carbon tax with a system that rewards eco-friendly choices. Canadians would receive incentives for purchasing energy-efficient appliances, electric vehicles, and home insulation improvements.
He also vowed to block the planned capital gains tax increase, arguing that builders and investors should be encouraged, not penalised. “I care about the economy, but not because I’m an economist. It’s because I care about people. That’s why I’m a Liberal,” he told supporters.