Canada to Match US Tariffs Dollar for Dollar, Says Finance Minister

Toronto – In recent weeks, Canada has moved forward in negotiations aimed at securing what officials describe as “the best deal in the world” with the United States, according to Mark Carney, former governor of the Bank of Canada and current special envoy on trade. Carney highlighted a series of incremental agreements on tariffs, regulatory alignment, and cross‑border investment that have narrowed gaps identified in earlier rounds of talks. The advances, he noted, reflect a concerted effort by both governments to strengthen economic ties and address lingering issues such as agricultural market access and digital trade provisions.

Despite the progress, Carney cautioned that the gains fall short of the objectives set for Canadian stakeholders. He emphasized that the current trajectory does not fully meet the expectations for job creation, price stability, and broader economic benefits that were outlined at the outset of the negotiations. The statement underscores the need for further dialogue and potential concessions before a final agreement can be ratified, signaling that while momentum exists, additional work remains to align the deal with Canada’s strategic priorities.