Carney says Canada will pursue ‘unique economic alliance’ with EU amid US trade spat

Mark Carney has proposed a unique security and economic alliance between Canada and the EU to establish Canada as a safe harbour for foreign capital. Speaking at the Canada Investment Summit, the prime minister aimed to reduce trade reliance on the United States within the new global economic order. However, the EU has rebuffed this proposal, with some governments resisting Carney's call for middle powers to unite against the influence of the US and China.