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Canada's Carney Aims to Double Exports, Strengthen Global Trade

1/21/2026

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Story summary
  • Canadian Prime Minister Mark Carney pursues a new global trading order by strengthening ties with China and signing smaller trade deals.
  • Canada remains heavily reliant on the U.S., which accounts for about 67.3% of exports.
  • He aims to double non-U.S. exports over the next decade, focusing on China, Germany, and India.
  • The government is negotiating trade agreements with the Philippines and Saudi Arabia.