1. Canada ready to resume US trade talks when appropriate
Mark Carney, Canada’s Prime Minister, said that Canada will resume trade discussions with the U.S. “when it’s appropriate,” noting that there is currently no “burning” issue requiring immediate talks with Donald Trump.
Why it matters:
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Canada is seeking reductions in U.S. tariffs on steel, aluminium and autos, and these trade talks were paused after Ontario’s government ran an anti-tariff advertisement.
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The comments come during the G20 Summit in Johannesburg, signalling Ottawa’s strategic shift from urgent bilateral crisis-management to longer-term trade architecture.
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For Canadians, this points to potential future policy changes affecting jobs in manufacturing, exports and cross-border trade flows.
2. Canada and India revive 15-year stalled trade negotiations
Canada and India have agreed to formally launch negotiations on a Comprehensive Economic Partnership Agreement (CEPA) after 15 years, aiming to cover goods, services, investment, agriculture, digital trade and labour mobility. CityNews Toronto+1
Why it matters:
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India is one of Canada’s major potential trade partners; driving two-way trade to about US$50 billion by 2030 is a goal. CFJC Today Kamloops
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The move follows previously stalled talks that were scaled back due to security and foreign-interference concerns involving India. CityNews Toronto+1
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This signals a pivot in Canada’s trade strategy, seeking diversification beyond traditional America-centric supply chains.