The leading candidates vying to replace Canadian Prime Minister Justin Trudeau clashed over how to respond to U.S. President Donald Trump’s trade threats in a televised debate Monday, as the race tightens ahead of the October 20 election.
Once seen as an easy win for the opposition Conservatives, the contest to lead Canada has become more competitive following Trump’s pledge to impose tariffs on all Canadian imports, a move that could trigger economic turmoil.
"Trump represents the biggest threat to Canada since World War Two," former finance minister Chrystia Freeland said during the French-language debate between the four Liberal candidates.
Freeland, who helped negotiate the U.S.-Canada-Mexico trade agreement under Trump’s first administration, warned that the president previously sought to wage economic war against Canada but that his current threats were even more severe.
"This time, Trump’s threats are worse—he wants to make Canada the 51st state," she said. Canada sends 75% of its exports to the U.S. and could fall into a recession if trade barriers are enforced.
Mark Carney, a former central banker and the current front-runner, dismissed the idea that Trump could succeed in pressuring Canada.
"At this moment, Canada is facing the worst crisis of our lives... I know how to handle crises," he said, pointing to his experience leading the Bank of Canada during the 2008 financial crisis and later the Bank of England during Brexit.
Both Carney and Freeland said Canada must respond forcefully if Trump follows through on his tariff threats.
Freeland’s resignation in December after nine years in cabinet triggered a political crisis that ultimately led to Trudeau announcing his resignation last month. The new Liberal leader will be chosen on March 9.
The Conservatives, seeking to capitalize on Trudeau’s unpopularity, dismissed the debate as a contest between interchangeable candidates. In a statement titled "Sneaky Carney Must Come Clean With Canadians," they claimed there was no difference between Trudeau and the leading contenders.
The remaining candidates, former cabinet minister Karina Gould and retired legislator Frank Baylis, will join Carney and Freeland for an English-language debate on Tuesday, as the campaign battle intensifies.
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U.S. consumer prices rose at their fastest pace in five months in June, signaling the early impact of tariffs on inflation. However, subdued demand and falling service prices may keep the Federal Reserve cautious about rate changes.
The American leader stated that if an agreement between Russia and Ukraine is not achieved within that timeframe, "it will be very bad."
A new London exhibition invites visitors into the vibrant world of late Italian designer Gianni Versace, showcasing over 450 iconic pieces worn by celebrities and models alike.
Apple and mining company MP Materials announced a joint $500 million investment to develop a rare earth magnet recycling facility, with plans to bolster U.S.-based production and reduce reliance on China.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Two student pilots were killed when two single-engine training aircraft collided mid-air in southern Manitoba, Canadian authorities confirmed on Tuesday.
NATO Secretary General Mark Rutte is warning that major economies like Brazil, China, and India could face serious consequences if they continue trading with Russia, as the U.S. steps up pressure with fresh sanctions and weapons support for Ukraine.
The American leader stated that if an agreement between Russia and Ukraine is not achieved within that timeframe, "it will be very bad."
The European Union did not reach agreement on its 18th sanctions package against Russia on Tuesday, EU foreign policy chief Kaja Kallas confirmed following a meeting of foreign ministers in Brussels.
Russia, Iran, and China are increasingly involved in life-threatening activities on British soil—including attacks and kidnappings—often carried out by criminal networks or, in some cases, by children, according to two senior UK counterterrorism officials.
Australian Prime Minister Anthony Albanese met with Chinese President Xi Jinping in Beijing, affirming that both countries will keep communication channels open and explore cooperation opportunities despite ongoing strategic rivalry in the Indo-Pacific region.
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