Carney Defends Carbon Strategy, Says Trade With Europe, Asia Dependent on It

Prime Minister Mark Carney speaks during a bilateral meeting with Britain's Prime Minister Keir Starmer inside 10 Downing Street, in central London, on March 17, 2025. Jordan Pettitt/POOL/AFP via Getty Images

Prime Minister Mark Carney said his government’s carbon pricing policies will be important for Canada’s efforts to diversify trade with other countries. Carney has said Canada needs to reduce its dependency on the United States.

“It’s a more efficient system. It works better for the large polluters, it works better for Canadians, and it also is a system that recognizes the new trading reality,” Carney said at a press conference in London, England, on March 17.