US EditionCanada, Australia sign new agreements on critical minerals, PM Carney says
Canada and Australia plan deeper cooperation on defence, AI, and trade while joining the G7 minerals alliance to form a trusted coalition controlling over a third of key mineral supplies.
- Speaking to Australia's Parliament on Thursday, Carney said Canada and Australia hold 'rare convening power' because their allies trust them.
- Carney framed his speech as a response to a rupture in the post-World War II rules-based order and urged middle powers to unite on five collaboration areas: critical minerals, defence, artificial intelligence, trade and capital.
- He highlighted resource and financial leverage with Canada and Australia’s joint critical minerals alliance and a $25 billion war chest controlling lithium, uranium, and iron ore.
- Earlier in the day, Carney met Australian Prime Minister Anthony Albanese and his full cabinet in a rare welcome ceremony, while Ottawa and Canberra agreed to modernize their bilateral tax and investment treaty, and Carney held meetings with business leaders to align support for these initiatives.
- Carney framed future strategy around variable geometry, saying Canada builds resilience through dense connections and the ad hoc coalition of middle powers could anchor a 1.5 billion people trading bloc.
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Here is a roundup of stories from The Canadian Press designed to bring you up to speed … Carney continues middle power pitch in Australia Canada and Australia have a "rare" ability to help convene a coalition of middle powers because their alli
"More resilient, more just": Canada and Australia to work closely amid "ruptured" rules-based global order
Australia and Canada have agreed to deepen their ties after Canada's Prime Minister urged middle powers to collaborate in the face of a ruptured ruled-based world order. Describing the two countries as strategic cousins, both Mark Carney and Anthony Albanese agreed that like-minded middle powers must work together to secure their future.
Mark Carney says Canada, Australia hold ’rare convening power’ in Parliament speech
CANBERRA -- Canada and Australia have a "rare" ability to help convene a coalition of middle powers because their allies know they can be trusted, Prime Minister Mark Carney said in a speech to Australia's Parliament on Thursday.
Canada PM urges 'middle powers' to work together
Mark Carney has used his platform as Canadian Prime Minister to rally middle powers, including Australia, in the face of the changing world order. Photo: Getty Images Canada's Prime Minister has signed Australia up to a powerful global alliance of critical minerals producers and urged the nations to boost their co-operation on a range of fronts.
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