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Canadian Prime Minister Carney, when asked about the risk of the United States taking military action against his country, said he would consider "extreme tail risks." Carney explained how Canada is reducing its dependence on the United States and diversifying to lower economic and strategic reliance, including reducing dependence on SpaceX's satellite broadband services. Carney expects that due to the Trump administration's tactics, global demand for alternatives to the U.S. dollar will grow, and believes that a multipolar system with multiple reserve currencies will "provide more flexibility." Carney said, "I think it is the responsibility of holding these offices to consider extreme tail risks." He added, "This is nothing more than risk management." When pressed on the topic and on U.S. President Trump's repeated remarks about making Canada the 51st state, the prime minister said a U.S. invasion is "not the base case, but it would be irresponsible not to prepare."
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