Canadian PM Carney says Canada is ready to sit down and strike a deal with the US when Washington is ready

• Must be stability and credibility in any trade deal with the US

Headlines of this kind, a government signalling readiness to negotiate while putting the onus on the counterpart, are a recurring feature of bilateral trade standoffs and tend to mark positioning rather than resolution. The pattern in comparable episodes is a sequence of conciliatory public statements, followed by staff-level contact, and only later any substantive text; the statements themselves have historically moved CAD and Canadian rates only at the margin unless they carry concrete detail on tariffs, quotas, or timelines. The reference to stability and credibility reads as a signal about the terms Ottawa would accept, a distinction worth drawing between a genuine opening and a message aimed at domestic or business audiences. Carney's background as a former central bank governor on both sides of the Atlantic gives his economic framing more weight with markets than a typical political statement, though the trade file itself is driven by Washington's posture. The follow-ons worth noting are any US response, whether formal negotiating rounds are scheduled, and whether sectoral carve-outs enter the discussion, since those are what have historically repriced the currency and the curve rather than the rhetoric.