Canadian Prime Minister Mark Carney stated on 2026-04-12 that his government is ready to sign a trade deal with the United States that benefits both Canadian and US businesses and workers. ^[1] The Canadian government announced an investment of 4,700 million Canadian dollars to acquire and maintain 313 VIA Rail passenger cars that will be manufactured in Canada. ^[2] Prime Minister Mark Carney told reporters in Thunder Bay, Ontario, that any trade agreement must have stability and credibility and serve the interests of families and businesses in both countries. ^[3] Since the collapse of negotiations, the US has imposed 50 percent tariffs on $20bn worth of Canadian goods. ^[4] Trade negotiations between the US and Canada collapsed last month when talks were down to the wire. ^[5] Canada is implementing a 'Buy Canadian' policy that encourages purchasing, manufacturing, and protecting national supply chains. ^[6] Mexico is urged to propose a 'Build North American' strategy rather than simply imitating Canada's industrial nationalism to ensure regional competitiveness. ^[7] The article argues that the USMCA faces a risk of losing its essence if partners establish small industrial borders through tariffs, subsidies, and content requirements. ^[8]