Canada-U.S.-Mexico Agreement<\/a> but that trade agreement is up for a review and certain key sectors like aluminum and steel have been hit hard by tariffs. <\/p>\nThe prime minister noted Canadian aluminum exports to the U.S. are the energy equivalent of 10 Hoover dams and that it doesn\u2019t make sense to replace Canada.<\/p>\n
\u201cWith America\u2019s growing energy needs, does it make sense to build the Gigawatts needed to replace Canada?\u201d Carney said. <\/p>\n
He also noted that on automobiles, Canada is America\u2019s biggest customer, and \u201can integrated North American market for production is the best and most durable way to confront intense global competition.\u201d<\/p>\n
Carney also said on critical minerals, with its vast reserves of potash, nickel, copper and uranium, Canada can be the most reliable supplier that America needs to put affordable food on the table, to strengthen its national defence and meet exploding demand to power AI. <\/p>\n
\u201cAt a time of a global energy crisis, Canada provides the United States with the reliable power and critical minerals that help fuel American growth: 99% of U.S. natural gas imports, 85% of electricity imports and 60% of crude oil imports,\u201d Carney said. <\/p>\n
Carney said Canada is America\u2019s largest customer, buying more goods than China, Japan and the Germany combined. <\/p>\n
\u201cWe know that, when Canada and the United States have had our differences over the years, we have always \u2014 eventually \u2014 worked through them, because our shared values and common interests run deep. They run through our economies,\u201d he said. <\/p>\n
Dominic LeBlanc, Canada\u2019s minister for U.S. trade, is heading to Washington next week for talks. LeBlanc has previously warned that the free trade agreement could be subject to annual review and that uncertainty could be the objective of the Trump administration.<\/p>\n<\/div>\n
\n
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