Canada’s Carney puts economic sovereignty at heart of strategic alliances
Canadian Prime Minister Mark Carney stressed on Thursday that Canada intends to remain a reliable international partner while strengthening its economic and technological sovereignty.
Key takeaways
We are not fair-weather allies, we do not pursue zero-sum deals.
Sovereignty requires secure access to AI, semiconductors, critical minerals, payment systems, clean energy, vaccines, space communications.
Market reaction
The Canadian Dollar (CAD) shows little reaction to Carney’s remarks. USD/CAD remains in consolidation below the 1.4000 psychological level at the time of writing on Thursday, trading broadly unchanged on the day.
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