Prime minister-designate's comments follow Canada's reciprocal tariffs on US imports after Trump slapped taxes on steel and aluminium.

Speaking to workers and the media at a plant of the Canadian steel company, Dofasco, Carney signaled a willingness to try to restore what he called the “greatest partnership” in the world. Carney said he respects US President Donald Trump’s concerns for US workers and fentanyl, adding that "we are ready to sit down".

Ontario Premier Doug Ford was spending Wednesday meeting with Canada's incoming prime minister and speaking to his fellow premiers ahead of a trip Thursday to Washington, D.C., to talk trade with a top U.

Bank of England governor, who has won the Liberal election to succeed Justin Trudeau, says he will keep tariffs until "Americans show us respect".