The letter reiterated Trump’s complaints about dairy quotas, fentanyl and the U.S. trade deficit, which is mostly fueled by American refineries’ thirst for Canadian oil. His social media post caused the Canadian dollar to immediately tumble, indicating the market wasn’t expecting this escalation.

Canadian Prime Minister Mark Carney's statement came after US President Donald Trump said the new tariff rate would go into effect on August 1 and would go up if Canada retaliated.

The Canadian government told employees they may face job losses, as Prime Minister Mark Carney searches for spending cuts to keep the budget deficit in check.

Mark Carney, the current prime minister and recently elected leader of Canada’s Liberal Party, has vowed to protect Canadian Jews amid rising antisemitism, but his stance on Israel has drawn ...

Canada’s PM Carney rejects Trump’s fentanyl claims amid 35% tariff threat. US-Canada trade talks extended to August 1 as global tariffs escalate.

Mark Carney, former governor of the bank of Canada, speaks during a press conference following the second night of debate in the federal Liberal leadership race to replace Canadian Prime Minister ...

Prime Minister Mark Carney's Liberal Party won Canada's federal election on April 28, capping a stunning turnaround in fortunes fuelled by U.S. President Donald Trump's annexation threats and ...

Mark Carney is a newcomer to elected politics, with decades of experience in finance. Canadian backlash to President Trump helped him win a full term on Monday, just weeks after he first took office.