Carney says Canada is overdependent on the US and seeks closer EU ties

■ Steady

Canada and EU unveil 'Alliance for the Future' partnership at Montreal summit

On Thursday, Prime Minister Mark Carney and Commission President Ursula von der Leyen announced the Alliance for the Future in Montreal, a partnership open to other countries and framed as a hedge against geopolitical unpredictability. A joint declaration had earlier dropped the proposal for associate EU membership, though Carney told DW he favors the term "associate membership" despite German pushback. Separately, a U.S. food distributor facing a $40M tariff bill is suing the Trump administration over 50 per cent tariffs on Canadian goods.

• Carney says Canada is overdependent on the US and wants to diversify beyond the Americas.
• Canada signed a trade deal with the UAE on Wednesday, and internal documents say it faces an EU carbon tariff threat within months.
• Seven tankers carrying an estimated 288,000 tonnes of Russian diesel are heading to the US, in what Greenpeace describes as the first phase of a Trump-Putin supply deal. It is uncertain whether they can unload amid a row over legality.
• EU gas topped €100/MWh on Wednesday for the first time since 2022, with storage 72% full.