Transcription of a speech by the Prime Minister of Canada

This is a transcription of a speech by the Prime Minister of Canada, Mike Carney at an event on Prince Edward Island. Posted on Monday, where he announces a reduction in tolls on the Confederation Bridge and fares on Eastern Ferry Services. He also discusses his government's efforts to strengthen the Canadian economy, increase mobility across provinces, and promote national unity.



Introduction: The Prime Minister introduces himself and acknowledges the presence of various dignitaries, including the Premier of Prince Edward Island and Members of Parliament from across the country.

Toll reduction announcement: He announces that, as of August 1st, the tolls on the Confederation Bridge will be reduced by more than half, from $25 to $20 for all vehicles, and fares on Eastern Ferry Services will be cut by 50% for passengers and vehicles.

Importance of infrastructure: He emphasizes the significance of investing in infrastructure to bring Canadians closer together and promote economic growth.

Economic benefits: He highlights the economic benefits of this announcement, including the potential to increase tourism and commerce between Prince Edward Island and the rest of Canada, and the estimated $100 million in annual savings for users of the Confederation Bridge and Eastern Ferry Services.

National unity: He stresses the importance of building a stronger, more united Canada and mentions his government's efforts to promote national unity, including the creation of a Canada Strong Pass, which allows families to visit national parks, museums, and historic sites for free.

International information: He touches on international trade negotiations, emphasizing Canada's commitment to standing up for its interests and reaching a deal that is good for Canadians.

Question and answer session: The Prime Minister takes questions from the press, addressing topics such as the trade negotiations with the United States, supply management, and the cost of the agreement.

Closing remarks: He concludes by reiterating his government's commitment to building a stronger Canada and highlighting the importance of working together to achieve this goal.




Live Reporting of Prime minister Carney
Thank you for the warm introduction and the opportunity to be here today in beautiful Prince Edward Island. I am particularly grateful to our hosts, Mrs. Freeland and Mr. Thompson, for their dedication to serving the people of this great region. I also acknowledge the presence of my fellow parliamentarians from across Canada, including the esteemed Premier Lantz, whose leadership in this province and as chair of the Council of the Federation is instrumental in fostering a more unified nation.

Ladies and gentlemen, today marks a significant milestone in our journey towards a stronger, more connected Canada. The Council of the Federation plays a vital role in bringing our provinces and territories together, and our collaborative efforts with the federal government are essential in achieving this goal. As Mr. Freeland has touched upon, our collective mission is to ensure that Canadians can thrive no matter where they live, work, or travel.

Several months ago, when I decided to run for parliament, I did so with the belief that we could foster greater connections among Canadians and create a more prosperous nation. Today, I am proud to announce that under our new government, we are taking concrete steps to make life more affordable for all Canadians, especially those in Atlantic Canada.

Effective August 1st, we will be reducing the Confederation Bridge toll for all vehicles by more than 50%, from $15.25 to a flat rate of $20. This move is not only a commitment to Islanders but to all Canadians seeking to explore the beauty and richness of our country. The bridge is a gateway to the Atlantic provinces, and by making this crossing more affordable, we are opening the doors to increased mobility and opportunity.

But our commitment does not end with the bridge. We are also slashing fares by 50% for passengers and vehicles on all federally-supported Eastern ferry services. This includes the crucial Marine Atlantic routes, which are the lifeblood of transportation between Newfoundland and Labrador and the rest of Canada. These reductions will directly benefit the over 2,500 passengers and commercial vehicles that rely on these ferries every day, ensuring that essential goods and services remain accessible and affordable.

By cutting these costs, we expect to save users approximately $100 million annually. This is money that can be reinvested into our local economies, supporting small businesses and driving innovation. In the case of Marine Atlantic, the reduced fares are projected to boost Newfoundland and Labrador's economy by over $28 million, encouraging out-of-province tourism and creating jobs.

Our focus on infrastructure and connectivity is not just about moving goods and people; it is about fostering a sense of unity that transcends borders. This initiative is a testament to our belief that when we work together, we can create a Canada that is more than just a collection of provinces and territories—it is a nation where every citizen feels connected to one another.

And speaking of connections, I am thrilled to mention the Canada Strong Pass. This pass will allow families to visit national parks, museums, and historic sites for free, making our cultural heritage more accessible than ever. We want Canadians to explore the vastness of our country and appreciate the diversity that makes us strong.

Now, I'd like to introduce the Minister of Transportation and Internal Trade, Chrystia Freeland, who has been a tireless advocate for this initiative.

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Minister Freeland: Thank you, Prime Minister, for your inspiring words. Today is indeed a beautiful day in Prince Edward Island, and even more so because of the promise we are fulfilling together. Our government is committed to a Canada where every region can flourish. By reducing these tolls and fares, we are not just cutting costs—we are cutting through barriers that have held us apart for too long. This is about creating a Canada where no matter where you live, you are part of a shared economic success story.

Let's not forget that by making travel more affordable, we are also promoting sustainable transportation choices. More affordable land travel means fewer carbon emissions from air travel, helping us move towards our climate goals.

Now, I know there are questions on everyone's minds regarding international matters, such as France's stance on Palestinian statehood. Canada remains deeply committed to a comprehensive, just, and lasting peace in the Middle East. We support a two-state solution with a viable and independent Palestine living in peace alongside a secure and recognized Israel. We are actively engaged with our international partners and will continue to advocate for a resolution that is fair and equitable to all parties.

As for our trade negotiations with the United States, let me reassure Canadian businesses that we are working tirelessly to secure a deal that serves the best interests of Canada and its people. We are committed to reaching an agreement that supports our economy, protects our workers, and upholds our shared values. While the deadline looms, our focus is on achieving a fair and balanced outcome. We are optimistic and will keep the lines of communication open, as a strong relationship with the U.S. is vital to our prosperity.

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Thank you all for joining us today. Let us continue to work together, united by our shared values and vision for a stronger Canada.

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Reporters Asked Questions:
CBC News: Prime Minister, France has announced it will fully recognize Palestinian statehood later this year. Does Canada intend to follow suit, and if not, what is the rationale behind this decision?

Prime Minister: Canada is deeply concerned about the humanitarian crisis in Gaza, and we condemn the actions that have led to this unfortunate situation. Our immediate priority is to provide humanitarian aid, and we have committed over $300 million to assist those in need. In terms of recognition of statehood, we remain steadfast in our support for a two-state solution that allows for a viable and independent Palestine to coexist peacefully with Israel. We are actively engaged in the peace process and will work closely with international partners to achieve a just and sustainable resolution. The recognition of statehood is a complex issue that must be approached with careful consideration and in a way that supports peace and stability in the region.

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Thank you for the question. Now, let's proceed with the next one.

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By addressing the concerns of the reporters with clarity and confidence, the Prime Minister reinforces the message of a government that is both attentive to international affairs and committed to the prosperity of Canadians.