Politics

Carney tells premiers he'll only sign a U.S. trade deal 'in the best interest of Canadians'

The prospect of Canada reaching a trade deal with the United States by the Aug. 1 deadline appears uncertain, with Prime Minister Mark Carney insisting his government will only sign new agreement if there is one worth signing.

PM says he and premiers are working to strengthen Canada as negotiations continue

A man in a black suit gestures while seated at a table, with bright flags behind him.
Prime Minister Mark Carney met with Canada's premiers in Huntsville, Ont., on Tuesday, where he gave an update on the state of U.S. trade negotiations. (Nathan Denette/The Canadian Press)

The prospect of Canada reaching a trade deal with the United States by the Aug. 1 deadline appears uncertain, with Prime Minister Mark Carney insisting his government will only sign a new agreement if there is one worth signing.

"The Government of Canada will not accept a bad deal," Carney said in French in Huntsville, Ont., Tuesday. "Our objective is not to reach a deal whatever it costs. We are pursuing a deal that will be in the best interest of Canadians."

When it comes to the prospect of reaching a deal, Carney said "we'll see" and that "complex negotiations" continue. He said if there isn't a deal that works for Canada, his government will "take stock" and consider what to do next. 

The prime minister made the remarks after dropping into the first ministers' meeting in Ontario's cottage country, where he briefed Canada's premiers on the government's trade discussions with the Trump administration.

Ontario Premier Doug Ford is hosting the premiers for three days of meetings to discuss their own response to the trade war U.S. President Donald Trump launched against Canada. 

WATCH | Carney says work still being done on U.S. trade deal: 

Carney says 'we’re working to get the best deal' with U.S.

13 hours ago
Duration 2:34
Prime Minister Mark Carney, speaking to reporters in Huntsville, Ont., on Tuesday, says he is working with the premiers to 'build up' Canada while negotiations continue with the U.S.

Carney said that a good deal would reinforce the country's long-standing and successful trading relationship with the U.S. while not preventing Canada from expanding the country's relationships around the world. 

"Our phone is ringing off the hook from other countries that want to do more with Canada," Carney said. "I've had over 80 bilaterals with world leaders since I became prime minister. A number of the premiers have been on major trade missions. We have other things to do," he said. 

Nova Scotia Premier Tim Houston said after meeting with Carney that he isn't dead set on signing a deal by the deadline — he wants the best deal for Canada regardless of how long it takes.

Houston said he still hopes that is possible and has "tremendous confidence in the prime minister and the team that is representing us as Canadians."

WATCH | N.S. premier says meeting Aug. 1 deadline isn't his focus: 

N.S. premier says he’s not 'focused on the date' of U.S. trade deadline

12 hours ago
Duration 1:08
Nova Scotia Premier Tim Houston said Tuesday that it’s 'really important for us to get the best deal for Canadians,' and that he's 'confident' in the abilities of the prime minister.

Quebec Premier François Legault said it is "very difficult" to say whether there will be a trade deal with the U.S. by Aug. 1.

"We would like to have the ideal deal," Legault said, "but what can we get? You almost need to ask Donald Trump and I'm not even sure that he knows himself what he wants."

Ford said he still thinks a deal is "realistic" but Canada has to "focus on what's going to strengthen" the economy rather than what Trump will do next.

New Brunswick Premier Susan Holt said she, too, is focused on getting a good deal, not a fast deal.

"I think that's the realization that we've come to in seeing how things have moved with other countries," she said.

WATCH | Holt on the Aug. 1 deadline: 

‘We want a good deal, not a fast deal,' says N.B. premier

10 hours ago
Duration 1:07
New Brunswick Premier Susan Holt said on Tuesday that the premiers 'encouraged the prime minister to not make a deal at all costs' as the Aug. 1 deadline to reach a trade agreement with the U.S. nears.

Carney arrived in Muskoka on Monday evening to have dinner with the premiers at Ford's cottage, after spending the day hosting a bipartisan delegation of U.S. senators in Ottawa. 

Before he went into his meeting with the premiers, Carney said Canada's economic response to Trump's tariffs so far is built on two tracks: supporting affected industries, such as lumber, steel, auto manufacturing and aluminum production; and ensuring Canada's economy grows by breaking down internal trade barriers and quickly approving major projects. 

Approving projects like ports, pipelines and mines will be easier now that Bill C-5, or the One Canadian Economy Act, has become law.

Carney said his new federal projects office will be open by Labour Day, which he said will provide a single point of contact for provinces, companies and communities looking to get major nation-building projects approved.

Ensuring energy security

Ford, Saskatchewan Premier Scott Moe and Alberta Premier Danielle Smith signed a memorandum of understanding on Tuesday morning to build new energy and trade infrastructure.

CBC News asked the premiers if Canada needs to replace Line 5 — the more than 1,000-kilometre-long pipeline carrying 540,000 barrels of oil and natural gas liquids daily across Wisconsin and Michigan to refineries in Sarnia, Ont. — regardless of whether there is a private-sector proponent behind such a plan.

"I believe so," Ford said. "We can't rely on the Americans anymore. Simple as that."

Ontario Premier Doug Ford and Quebec Premier François Legault speak at the Council of the Federation meeting in Huntsville, Ont. on Tuesday, July 22, 2025.
Ontario Premier Doug Ford and Quebec Premier François Legault both said that the terms of a U.S. trade deal were still unclear due to the unpredictable president. (Toni Choueiri/CBC News)

Moe said Canada does not want to find itself in the same position as Europe, which recently found out what it means to be heavily reliant on oil and gas from Russia. 

"We certainly need to have a very mature discussion about how we can provide Western Canadian oil and gas to Canadians that live in Central and Eastern Canada for our own good," Moe said. "Not only our economic security but our energy security."

Smith said building a pipeline entirely within Canada is "probably something that is long overdue. We probably should have done it decades ago." 

ABOUT THE AUTHOR

Peter Zimonjic

Senior writer

Peter Zimonjic is a senior writer for CBC News who reports for digital, radio and television. He has worked as a reporter and columnist in London, England, for the Telegraph, Times and Daily Mail, and in Canada for the Ottawa Citizen, Torstar and Sun Media. He is the author of Into The Darkness: An Account of 7/7, published by Vintage.