Mark Carney says Canadian job creation is "four times the rate of the United States"

Trade talks between Washington and Ottawa collapsed, and the White House said it would impose a 50 percent tariff on about $28 billion in Canadian imports starting at midnight. In response, Prime Minister Mark Carney suspended negotiations, recalled Canadian representatives to Ottawa, and pledged matching tariffs to shield Canadian workers and businesses. He called the U.S. proposals unfair and damaging to confidence in any agreement. Carney also sought to project economic resilience, saying Canadian job creation is running at quadruple the U.S. pace, exports to non-U.S. markets are expected to double over the next decade, and foreign investment stands at a 20-year high. He promised additional support beyond the nearly $25 billion already provided over the past 18 months.