Carney Says Canada Will Reach Trade Deal With US

Summary

Mark Carney, Canada's prime minister, tells Bloomberg's Brian Platt that Canada and the US can reach a mutually advantageous trade agreement and that Canada is ready to negotiate. He says talks broke down in August but welcomes President Trump's comments, emphasizes sovereignty and cultural red lines, and says Canada will keep expanding global trade access. The interview was ahead of a major global investors summit in Toronto.

• Carney says a mutually advantageous Canada-US trade deal is possible and Canada is ready to negotiate.
• He cites Canadian sovereignty, cultural institutions, and other trade deals as red lines.
• Trade talks broke down on August 21, but Carney welcomes Trump's suggestion a deal could come soon.
• He says recent tensions and mocking from US officials will not affect the investor summit atmosphere.
• Carney says Canada aims to double trade access to 3 billion global consumers.
• He highlights the decision-makers and large asset pools expected at the Toronto investors summit.
• No specific securities, sectors, or investment recommendations are named.