Canadian Prime Minister Mark Carney has denied retracting his comments made at the World Economic Forum in Davos during a recent conversation with U.S. President Donald Trump, pushing back against reports suggesting he had softened his stance under U.S. pressure.
Carney said his Davos remarks, which focused on Canada’s economic strategy, global investment push, and the need for balanced partnerships, were misinterpreted in some quarters but not withdrawn. He emphasized that Canada remains committed to pursuing its national interests while maintaining strong ties with the United States and other global partners.
According to officials familiar with the call, Trump raised concerns about Canada’s trade positioning, foreign investment strategy, and comments perceived as signaling a shift away from reliance on the U.S. market. Carney reportedly reassured Trump that Canada values its partnership with Washington but will continue to diversify trade and investment relationships in a rapidly changing global economy.
The exchange comes amid heightened tensions between the two countries over tariffs, China policy, and broader geopolitical alignment. Trump has recently warned Canada over economic engagement with Beijing and has taken a more confrontational tone toward allies on trade issues.
Analysts say Carney’s refusal to walk back his Davos comments reflects Ottawa’s effort to project confidence and independence in foreign and economic policy, even as it navigates pressure from its largest trading partner. Experts also note that the Davos speech was intended to attract global investors and position Canada as a stable destination for capital amid global uncertainty.
Canadian political observers say the episode highlights the delicate balance Ottawa must maintain between asserting sovereignty and preserving one of the world’s most important bilateral relationships.
The Prime Minister’s office reiterated that dialogue with Washington remains ongoing and constructive, but stressed that Canada will continue to make policy decisions based on its own economic and strategic priorities.