Central banker Mark Carney is doing that peculiar Canadian thing again — acting tough while exuding weakness. Just before midnight on Friday, the former governor of the Bank of England and King Charles III’s current prime minister in North America announced that trade talks with the United States had collapsed. This was expected, even though the Canadian and American trade delegations had publicly expressed optimism on Wednesday that a mutually beneficial framework for future trade relations was within reach.
Carney "“There is a mutually beneficial deal possible here, but it has to be one that respects Canada’s sovereignty, that respects our independence, that uses our complementary strengths to build something better, not tear apart for short term gain. That’s the offer.”… pic.twitter.com/2GOrJHOcEk
— cbcwatcher (@cbcwatcher) August 24, 2026
