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Coverage, page 16

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Carney says Canada will pursue ‘unique economic alliance’ with EU amid US trade spat

Prime minister speaks of strengthening Canada’s economic and political ties to Europe at Canada Investment Summit Mark Carney said Canada will pursue a “unique security and economic alliance” with Europe as he positions his country as a base to build in the “new global economic order”. Speaking to investors, company executives and government ministers at the inaugural Canada Investment Summit on Tuesday, the prime minister pitched Canada as a “safe harbour” and lucrative home for foreign capital as his government looks to reduce its reliance on trade with the United States. Continue reading...

The GuardianThe GuardianLeyland Cecco in Toronto and Jennifer Rankin in Strasbourg15 Sept

John Healey in talks with Canada about UK joining new global defence bank

Exclusive: Britain is understood to have been formally invited to become founding member of multilateral lender John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves rejected the move. The chancellor is understood to be actively considering a bid to join the proposed Canada-led defence, security and resilience bank (DSRB), which proponents say could help the UK fund defence projects at lower cost, before planned talks with his Canadian counterpart this week. Continue reading...

The GuardianThe GuardianPippa Crerar Political editor15 Sept