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POLITICS ·CANADA ·September 19, 2026

Mark Carney says Canada's business-tax rate would be "the lowest of any major economy in the world"

“the lowest of any major economy in the world, less than half the rate of”
— Mark Carney, Prime Minister

Reported September 19, 2026 by wellandtribune.ca. Checked word for word against that report.

✦ Summary · September 19, 2026 AI-written summary of the news — not a direct quote

Canadian Prime Minister Mark Carney, speaking to Liberal lawmakers in Ottawa on Friday before Parliament returns, promoted a federal-provincial plan for hydroelectric, wind and solar power in Labrador and joked about President Donald Trump’s focus on size. Turning to his proposed business-tax changes, Carney argued they would make Canada a more competitive place for new investment than the United States and said a narrower approach was preferable to Trump’s broad budget legislation. The remarks came as Carney has publicly joked about Trump, after halting trade talks over U.S. demands that Carney said would erode Canadian sovereignty.

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