Trade War

Carney says U.S. wants to wipe out Canadian industries or make them subsidiaries

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Prime Minister Mark Carney speaks with members of the media as he arrives at the Office of the Prime Minister and Privy Council in Ottawa on Tuesday, Sept. 1, 2026. THE CANADIAN PRESS/Justin Tang

OTTAWA — U.S. negotiators took the position in trade talks that core Canadian industries — including the automotive sector — must either become subsidiaries of their American counterparts or be “wiped out,” Prime Minister Mark Carney said Tuesday.

“The attitude of the United States in these discussions, and subsequently, has been one that core Canadian industries either would be subsidiaries effectively of the United States industries, or would put in place terms where those industries would be gradually wound down in Canada and wiped out,” Carney said in a scrum with reporters outside his office building.

“Of course, we’re not going to accept those terms.”

U.S. negotiators took the position in trade talks that core Canadian industries — including the automotive sector — must either become subsidiaries of their American counterparts or be “wiped out,” Prime Minister Mark Carney said Tuesday.

“The attitude of the United States in these discussions, and subsequently, has been one that core Canadian industries either would be subsidiaries effectively of the United States industries, or would put in place terms where those industries would be gradually wound down in Canada and wiped out,” Carney said in a scrum with reporters outside his office building.

“Of course, we’re not going to accept those terms.”

This report by The Canadian Press was first published Sept. 1, 2026.

David Baxter, The Canadian Press