Carney Summons Canada's Premiers: Emergency Economic Talks Imminent!

Carney Summons Canada's Premiers: Emergency Economic Talks Imminent!

A critical gathering is set to unfold in Ottawa later this month, as Prime Minister Mark Carney prepares to convene with Canada’s provincial and territorial leaders. The meeting arrives at a moment of heightened global uncertainty and persistent roadblocks in trade negotiations with the United States.

The January 29th summit, preceded by a working dinner, signals a renewed push for national economic coordination. For months, Canada’s premiers have been engaged in frequent virtual discussions, strategizing ways to bolster the nation’s economy and mitigate the impact of U.S. tariffs.

These tariffs, levied on key Canadian industries like steel, aluminum, and softwood lumber, have created significant economic headwinds. The premiers are determined to forge a unified response and explore avenues for support for affected sectors.

Prime Minister Mark Carney meets with all of Canada's premiers during the First Ministers' Meeting at TCU Place. Photo taken in Saskatoon, Sask. on Monday, June 2, 2025.

Beyond immediate trade concerns, the first ministers will also focus on accelerating major infrastructure projects across the country. Discussions will also center on the upcoming review of the Canada-United States-Mexico Trade Agreement (CUSMA), a cornerstone of North American commerce.

Formal talks to address CUSMA are slated to begin in mid-January, led by Minister Dominic LeBlanc, who will be meeting with his U.S. counterparts. This proactive step underscores Canada’s commitment to securing a fair and mutually beneficial trade relationship.

The timing of this crucial meeting coincides with the Conservative Party of Canada’s national convention in Calgary. There, party leader Pierre Poilievre will face a mandatory leadership review, prompted by the party’s performance in the recent federal election.

The convergence of these events – the premiers’ summit and the Conservative convention – highlights a period of intense political and economic activity for Canada. The outcomes of both gatherings could significantly shape the country’s trajectory in the months ahead.