Faisal Islam, BBC »

Carney gave some clues to his strategy during his interview with me. He talked of a “win win” partnership with the US, and reminded the president that Canada was the “biggest client” of 40 of the 50 US states, and a key energy and fertiliser supplier.

He also told me he “potentially could supply them with critical minerals”. This struck me as a negotiation tactic very targeted at what Trump has become fixated on elsewhere.

Canada has ample resources of critical minerals, and would be a much more dependable supplier across the West than many other nations. Carney is implicitly suggesting, however, that his country has deep strategic choices to make here, on for example, developing them with Europe rather than the US.