Carney Says Canada Can Use Electricity for Leverage If US Starts Trade War
- Ex-central banker is running in contest to replace Trudeau
- Rival Freeland says Trump is a ‘bully,’ Canada must retaliate
Power lines in a residential neighborhood in Montreal. Quebec and Ontario are significant providers of electricity to the US.
Photographer: Christinne Muschi/BloombergThis article is for subscribers only.
Mark Carney, the former central banker who’s running to lead Canada, said the government should be open to curbing electricity exports to the US if it needs to retaliate against tariffs from the Trump administration.
“It’s not the first card” to play in a trade war, Carney said during an interview with Radio-Canada, the French-language public broadcaster. But any negotiation with the US will be “very tough,” he said, suggesting the Canadian government needs to keep its options open.