Canada's Carney and Australia Prime Minister Albanese discussed opportunities to deepen economic and trade cooperation - statement

Canada's Carney and Australia Prime Minister Albanese discussed opportunities to deepen economic and trade cooperation - statement

Prime Minister Justin Trudeau and Australian Prime Minister Anthony Albanese recently discussed opportunities to deepen economic and trade cooperation, according to a joint statement released on September 12, 2025. The leaders emphasized the importance of enhancing bilateral trade relations and exploring new avenues for collaboration.

The statement highlighted several key areas of cooperation, including agriculture, energy, and technology. Trudeau noted that Canada is committed to diversifying its export markets and reducing reliance on the United States. He expressed optimism about the potential for increased trade with Australia, particularly in sectors such as agriculture and energy.

Albanese, for his part, underscored Australia's interest in strengthening ties with Canada. He mentioned the possibility of signing a free trade agreement between the two countries, which could significantly boost bilateral trade. The Australian prime minister also emphasized the importance of cooperation in research and development, particularly in areas such as clean energy and renewable technologies.

The leaders also discussed the potential for collaboration in defense and aerospace, noting the significant growth opportunities in these sectors. They agreed to explore ways to facilitate trade and investment in these areas, with a focus on creating jobs and fostering innovation.

The joint statement also touched on the ongoing trade tensions between Canada and the United States. Trudeau expressed his commitment to working with the U.S. to resolve these issues, while also emphasizing the importance of diversifying Canada's trade relationships.

The leaders agreed to continue their dialogue and explore new opportunities for cooperation. They also expressed their commitment to working together to address global challenges, such as climate change and economic inequality.

https://www.theglobeandmail.com/world/article-trade-deal-indonesia-carney-trump-tariffs/
https://www.bloomberg.com/news/newsletters/2025-09-23/albanese-gets-trump-meeting-powell-warning-australia-briefing