Mark Carney will be sworn in as Canada’s 24th prime minister at a ceremony at Rideau Hall Friday after the formal resignation of Justin Trudeau, a source confirms to CityNews.
Carney’s new cabinet will also be sworn in at the same time.
Carney indicated Wednesday that he’s ready to meet with U.S. President Donald Trump if he respects Canadian sovereignty and is open to talk about a common approach to trade.
Trump has declared a trade war on Canada and continues to call for it to become the 51st state, a position that has infuriated Canadians. Trump has threatened economic coercion in his annexation threats and suggested Tuesday that the border is a fictional line.
“I am ready to sit down with President Trump at the appropriate time under a position where there is respect for Canadian sovereignty and we are working for a common approach, a much more comprehensive approach for trade,” Carney said while speaking to reporters at a steel factory in Hamilton, Ont., after Trump officially increased tariffs on all steel and aluminum imports to 25%. Canada is the largest foreign supplier of steel and aluminum to the U.S.
Canada responded with its own countermeasures. It plans to impose retaliatory tariffs of $29.8 billion starting Thursday in response to the U.S. taxes on the metals. Canada’s new tariffs would be on steel and aluminum products, as well as U.S. goods including computers, sports equipment and water heaters worth $14.2 billion.
Files from The Associated Press were used in this report