Mark Carney: Why I Rejected Trump’s Trade Deal
https://thewalrus.ca/mark-carney-why-i-rejected-trumps-trade-deal/
4
Replies
0
Boosts
"But the US narrow merchandise trade deficit only exists because the US buys so much of its energy from Canada. Canada fuels American growth, supplying 99 percent of their natural gas imports, 85 percent of their electricity imports, 60 percent of their crude oil imports. I don’t think they want us to stop sending any of that energy."
#MarkCarney, 2026
https://thewalrus.ca/mark-carney-why-i-rejected-trumps-trade-deal/
Well that's something I didn't know. Doesn't make Canada the good guys though.
(1/?)
A sensible country would be working towards energy independence based on renewables. Maybe with a bit of back and forth energy trade with neighbours, for years where one of them has insufficient generation for their needs and others have a surplus.
But outsourcing their energy needs to their neighbours fossil fuel reserves is neither sustainable or desirable. The neighbour making bank off such exports, is profiting from making it politically viable to avoid supporting renewables.
(2/?)
"We’re moving rapidly to build major infrastructure. We’ve already referred twenty-seven nation-building initiatives to the new Major Projects Office: new ports, mines, energy corridors from every region of the country that now represent $500 billion in new private investment—projects that will help Canada build bigger, move faster, and trade more with the world."
#MarkCarney, 2026
https://thewalrus.ca/mark-carney-why-i-rejected-trumps-trade-deal/
This doesn't sound unambiguously good either.
(3/?)
"We’re moving rapidly to build major infrastructure. We’ve already referred twenty-seven nation-building initiatives to the new Major Projects Office: new ports, mines, energy corridors from every region of the country that now represent $500 billion in new private investment—projects that will help Canada build bigger, move faster, and trade more with the world."
#MarkCarney, 2026
https://thewalrus.ca/mark-carney-why-i-rejected-trumps-trade-deal/
The devil's in the details, but this doesn't sound unambiguously good either.
(3/?)
