Mark carney speaks/press conference from China.
LIVE: Canada’s Mark Carney speaks after meeting China’s Xi Jinping
as of 03:15 EST, carney starts speaking
AP: https://youtu.be/ZJ675Ob0AMM
Discussion
Loading...
New relationship in 5 areas.
-clean energy/climate competitiveness
-agriculture /food
-commiment to multilateralism
-public safety
-people to people ties.
China produces bulk of world's batteries for cars, solar panels and other renewable hardware. Canada needs access to their supply chain.
49,000 affordable Chinese electric vehicles to be allowed into Canada at roughly 6% tariff. Expected to result in China eventually investing in Canada to grow the market.
In justifyng allowing affordable Chinese electric cars into Canada:
49,000 cars is less than 3% of the market, and there are no Canadian made electric cars inder $35,000 so the Chinese cars are not stealing any market.
On allowing electric vehicles:
Canada needs to rebuild its auto industry to endup building affordbale electric cars. This small opening is hoped to lead to China startingt to build cars in Canada.
(the "rebuild car industry" is important as it points to Canada expecting to lose exports to USA).
Reporter: what is Canada doing to help protect Greenland's integrity:
Future of Greenland is for the people of Greenland to decide. We are both members of NATO, and article 5 stands. We opened a consulate in Greenland.
In discussions with NATO/Denmark/Greenland on [long term] security.
Canada has increased it military presences from 3 months /year to 12 months/year.
No mention of sending troups there now.
added in french: we expect all NATO members to respect their obligations under NATO.