Mark Carney

I had the great pleasure of attending, amongst other meetings in China, the G20, over which you presided, at a time of great hope for the international system and great progress under the banner of the G20. I look forward to further progress with your presidency of APEC next year. As you mentioned, our countries have a long history of cooperation, engagement and trade.

55 vuotta diplomatiikka-yhteistyötä on toiminut kaksi viikkoa sitten. Aiemmissa vuosissa emme ole olleet niin liittyviä. Tiedän, että tämä on ensimmäinen kansainvälinen keskustelu kansalaisen suomalaisen puolustajan ja presidentin keskustelussa viisi vuotta sitten. Lopputulokset eivät ratkaista ongelmia. Ne eivät sovi kansalaisemme.

with people-centered growth, as you have advocated. Pragmatic and constructive engagement is, and I welcome the momentum that has been established in recent months, meetings of our officials, meetings of ministers, and the meeting that I was able to have with Premier Li in New York. I also welcome the invitation

to come to China to further the dialogue, and I very much look forward to doing so, because it's through this constructive and pragmatic dialogue that we will address a path for current issues, that we will establish a road to seize the many great opportunities between our countries, and also to have the platform that's needed for the dialogue to help build more sustainable, inclusive

I think the first is just to get across the scale of ambition in Canada right now. We intend over the course of food security, we've mentioned food security, Ken cites as your one-stop shop for food security with Nutrien, globally, and that's actually not an exaggeration, it happens to be true. There you go, first boast of the evening. Secondly,

It's enormous. I'm just warming up for my American level of boasting. We are going to double our non-US exports over the course of the next 10 years. We think we can do it in a much shorter period of time. That's 300 billion of additional exports. Most of that is going to come from Asia, in our view. And I'm going to justify that in a second. But on top of this, and I just underscore this, because this is a two-way relationship,

Meidän arvostamme budjetin jälkeen on, että laitamme paikalle noin puoli miljoonaa miljardia lisää investointeja Kanadassa tulevissa viiden vuosina. Lisäksi. Ei täysin, vaan lisäksi. Ja se on Yhdysvalloissa. Eli nämä ovat määräykset, jotka aloittavat olemaan tärkeitä. Alueita, kuten kaksimääräinen sijainti ja kansainvälinen investointi. Olemme käytännössä rakentamassa infrastruktuuria.

to help drive energy corridors, both clean and conventional, trade corridors, new port infrastructure and others. But from LNG, where we're putting ourselves on a path to at least 50 million tons by the end of this decade, but double that by 2040,

It's easily done when you have the fourth largest reserves of LNG in the world, and you have demand here for the energy transition. To nuclear, a few days ago I launched with my good friend, Premier Ford. Did I say good friend, Premier Ford? I said the always entertaining, no, the always interesting, the always unpredictable president,

back in on the reliable partner and values, because as I said on the stage, you need a partner who respects the letter of agreements, we are that partner, but also the spirit of agreements and the values underneath those agreements, and we do believe in

We believe in the values of sustainability, inclusivity, solidarity, partnership. But I'm going to quote, and I tested our ambassador to ASEAN earlier, and she's going to sing along, the words from the ASEAN anthem, which I know...

You all know, but just in case, I didn't actually this morning. But two of the key lines that stuck with me is that in ASEAN we dare to dream and we care to share. And so Canada dares to dream big. We have laid out, we're laying out a trillion dollars of investment opportunities over the course of the next decade in the U.S.

And we dare to care. Sustainability, inclusivity and in partnership. The ACNM anthem, everyone after me. Later on, after this reception, there'll be a short karaoke where we'll have a chance to sing it together. But thank you for being here, and we look forward to the partnership and the showing up. Now, this was from the earlier...

many of the operating, I was going to say assumptions, but the operating rules of the system. I mean, the reliance on the global, open global trading system, a reliance and an expectation of further integration, particularly in North America. I mean, that's not going to happen. That doesn't mean there isn't still going to be a fair bit of free trade in North America and crossing investment.

but this sort of relentless process of greater integration has reversed. That's a big change. And when you have a big change like that, and you had your economy oriented towards that, which ours was, some of your strengths become vulnerabilities, and you have to do big things. And so one of the lessons we've talked about this, many in the room have lived it, I've certainly, by luck I would like to say, not because of cause, I didn't cause the crises I've been in,

My experience of being in them is in a crisis you have to be bold. You have to act big. Uncertainty weighs down activity. And unless you're leading from the center, whether you're a central bank with respect to supporting financial institutions or monetary policy, or you're a government in terms of charting a new course, you need to be bold. And that's why we're looking for scale in terms of diversification of our exports.

That's why our budget, which is coming out in two weeks' time, is going to have what we call generational investment in Canada on an order of magnitude that really changes the scale of the economy, the ambition of the economy. Of course it will also, just by its very fact, provide GDP and growth and jobs for Canadians.

As important as that is, more important is going to be a reorientation of the country, and very much an outward-looking orientation that I think is very complementary to ASEAN.

The United States has a new trade policy. It applies to every country, every jurisdiction in the world. We understand that and we respect that. It is a major shift, and the way we're framing it is it's a rupture, not a transition. This is a very big change.

almost overnight, and therefore it's difficult to deal with. It can be difficult to deal with, but everybody's dealing with it. That's the first. The second is, if your economy is highly integrated or certain sectors are highly integrated with the United States,