Carney just signed a trade deal with China: What did he actually get?
Critics are slamming Carney for his warm embrace of China as significant economic tension remains between Canada and the U.S.
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Tonight, Ezra looks at Mark Carney's trip to Beijing, where he reached a deal with Chinese leader Xi Jinping.
But what did Canada's prime minister actually secure in his deal with the Chinese Communist Party? Reduced tariffs on Saskatchewan's exports and little else to show for it, Ezra says.
This wasn't making “progress” in Canada's relationship with China — it was just undoing some of the regression that occurred under Justin Trudeau after the Chinese regime retaliated to Canada detaining Huawei exec Meng Wanzhou at the request of U.S. authorities.
What about China, what is the oppressive country getting in return from Canada? To start, the right to sell 49,000 Chinese electric vehicles in the country — much to the disappointment of one of Carney's biggest cheerleaders, Ontario Premier Doug Ford.
The PM was quick to drop any talk about China's abuses of human rights, or the national security threats the Chinese Communist Party poses.
Where is China's supposed investment in Canada supposed to come from, wonders Ezra. After all, when China builds car factories elsewhere, their automakers tend to import Chinese labour to work at the facility.
China is willing to buy Canada's natural resources — but that's nothing new, given we can actually get them to market.
Carney's grand plan to counter Trump hinges on a dramatic increase in non-U.S. exports, a challenging task given how much of Canada's economy is reliant on trade with our southern neighbour.
The message that will linger the most from Carney's trip to China is his ominous statement about a “new world order,” something that contradicts Donald Trump's plans.
Just like Canada's position on Israel-Hamas, Carney is signalling we may no longer work as closely with our most important ally.
Ezra asks if, from an American point of view, the Five Eyes intelligence alliance — consisting of the U.S., U.K., Canada, Australia and New Zealand — would feel confident sharing secrets with Carney.
White House official Peter Navarro has floated the idea in the past, suggesting Canada could be kicked out of the network, and the U.S. has already formed a separate pact, AUKUS, with Australia and the U.K.
In Ezra's view, Carney is much like his predecessor, Justin Trudeau: a terrible negotiator. Carney's time at Brookfield was as the chairman of the company; the guy who goes to conferences, effectively serving as a well-paid mascot for the firm.
He has no idea how to handle world leaders like Trump or Xi or terrorist groups like Hamas, Ezra asserted, noting the PM is now off to his “happy place” — the mountains of Davos, Switzerland, as he attends the World Economic Forum's annual summit before then travelling to Qatar.
How will Carney sell out Canada's sovereignty next for some promise of investment that will likely never materialize?
GUEST: Former nurse Amy Hamm joins the show to talk about her new column in the National Post, where she argues Canadians' declining trust in institutions shows the public is waking up to the challenges the country faces.
COMMENTS
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Fran g commented 2026-01-17 12:53:34 -0500Ezra I agree with you totally about carnage, he has no skills in negotiations, but it is also much darker. trudumb and now carnage are purposely destroying Canada. They are both in bed with CCP, they are making huge money while selling off Canada, as CCP want our oil, minerals and LAND.
Epoch Times talked about all the China EVs flooding through Canada all equipped to spy on us. If you are stupid enough to buy one you certainly will not be allowed in US and rightfully so. -
Anthony Salotti commented 2026-01-17 06:04:32 -0500Stick a fork in Canada , it’s done .
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Marilyn Hagerman commented 2026-01-16 22:46:27 -0500Two observations…..lifting tariffs on canola is a calculated CCP tactic – we’ll give you that for clearing import of our useless “rigged” EVs! Even the slowest mind knows China never practices use of the word “trust”!! So Canada now is stuck with useless crap no one will buy, and China still has optional clout to tariff canola and any other “Carney arranged tariff free export”. Can anyone see how the WEF driven global communist Carney works??
Second observation…..trust – that’s a word that’s also eluded Carney completely. From mention of his name in Canada to today, how many statements, promises have proven truthful?? Bearing this in mind, there are some very dark behind the scenes discussions happening with our carney and the Beijing elites! These we will never hear…..only see eventually as Carney continues his only goal for Canada. Complete and total economic collapse and full Marxist government control under Beijing’s CCP! Withdrawal from trade with US, bypassing offer of joint military actions, blocking Trump’s clear reasons for acquisition of Greenland – just part of Carney’s game plan….his communist tool box! -
Paul Scofield commented 2026-01-16 22:37:15 -0500To answer the headline question, “bent over.” Next.
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Barb Morrison commented 2026-01-16 21:15:03 -0500Ezra, I love your news station. Thank you for hard work giving us real news. My subscription is well worth every penny.
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Bruce Atchison commented 2026-01-16 20:44:06 -0500Marx Carnage is going to irritate Trump sooner or later. Once Trump realizes what a security vulnerability a connumist-alligned Canada is, he’ll act. I don’t know what he’ll do obviously but it won’t end well for Ottawa.
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Douglas Connelly commented 2026-01-16 20:41:15 -0500Carney is Canada’s best TRAITOR, just behind Trudeau. they should booth be in jail or worse.
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Paul Personnic commented 2026-01-16 20:39:55 -0500EZRA… STFU
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dave renas commented 2026-01-16 20:39:39 -0500How much does US trade with China. Asking for a friend
