Carney Accuses Trump of Threatening Canadian Auto Industry

Former Governor of the Bank of Canada, Mark Carney, publicly criticized former U.S. President Donald Trump for allegedly seeking to “destroy” Canada’s auto industry. Carney, who has since served as a senior adviser on trade and economic policy, said the U.S. approach to the North American market has been hostile and has threatened the stability of Canadian manufacturing and supply chains.

Carney added that any future trade negotiations between Canada and the United States would only resume if the U.S. government adopts what he described as the “right attitude.” He emphasized that constructive dialogue and mutual respect are essential for addressing trade imbalances and protecting key sectors such as automotive production, which has been a cornerstone of Canada’s economy.

The former central‑bank governor’s remarks come amid ongoing discussions about the Canada‑U.S. trade relationship, with both sides seeking to resolve lingering disputes over tariffs, subsidies, and market access. Carney’s stance signals that Canada will hold firm on its trade principles until the United States demonstrates a willingness to engage in fair and reciprocal negotiations.