Prime Minister Mark Carney to visit Trump at White House next week

Carney didn't say much about immigration during the election, but he announced in this speech that he will cap the number of temporary foreign workers and international students at less than five per cent of the Canadian population by the end of 2027.

"That’s a drop from the recent high of 7.3 per cent, which will ease strains on housing, public infrastructure, and social services," Carney said.

Carney is reiterating some of the promises he made on the campaign trail. That includes a pledge to strengthen Canada’s relationships with other trading partners abroad, and the removal of interprovincial trade barriers by Canada Day on July 1.

He also said that his promised tax rate cut for the lowest income bracket will begin the same day.

Carney said that nearly 20 million Canadians voted this election, and more cast their ballot during early voting than ever before.

He also gave kudos to the other federal party leaders, saying they put forth different visions but “disagreed agreeably.” He also noted that every leader “graciously” accepted the results, and that Canadian democracy “remains strong.”

King Charles will deliver the speech from the throne on May 27, Carney confirmed.

“This historic honour matches the weight of our times,” the prime minister added.

Carney said Queen Consort Camilla will join the King on his visit.

This will be the first time the monarch delivers Canada’s throne speech since Queen Elizabeth did so in 1977.

"As I have stressed repeatedly, our old relationship [with the U.S.,] based on steadily increasing integration, is over," Carney said, repeating a statement he made during the campaign.

"The questions now are how our nations will co-operate in the future and where we in Canada will move on."

Carney's first cabinet will be sworn in during the week of May 12. Parliament will be recalled on May 26.

Carney will meet U.S. President Donald Trump at the White House on Tuesday, multiple sources have confirmed to CBC News. The prime minister is speaking in Ottawa now.

Hi, I'm a reporter in Montreal. My colleague in Washington, D.C., Alex Panetta, wrote yesterday about the three major steps Carney needs to go through to get a new trade deal with Trump.

Alex called them the three Ps: personnel, process and policy.

Step one, according to Brian Clow, who managed U.S. relations for former prime minister Justin Trudeau's government, is creating a team. Its makeup needs to answer three questions: who will hold the relevant cabinet roles; who will lead the process; and will there be a lead negotiator named?

Step two involves the process. Under what mechanism will these talks unfold? On the slower end of the spectrum, there’s the scheduled review of the Canada-U.S.-Mexico Agreement (CUSMA), which is supposed to start next year. Another option is an informal handshake deal.

A third possibility is a combination of both: initial talks, followed by the formal process and policy-making months later.

One senior Canadian official says it will probably involve two separate sets of talks, but that the specific process has yet to be nailed down. Canada's main goal in all this? The end of tariffs.

While Carney makes his first major appearance as prime minister, Poilievre has been busy making calls and shoring up support for his leadership, after he vowed to stay on as party chief following Monday night’s election results.

The Conservative caucus will meet on Tuesday to decide on the party’s next steps. A source told CBC News that there is support for Poilievre to stay on, having grown the Conservative coalition during his time as leader despite his failure to form government and beat the Liberals.

Poilievre is no longer the leader of the Official Opposition; you have to hold a seat in the House of Commons to be eligible for the honorific. So he’s technically no longer entitled to live at Stornoway House, the official residence for whoever holds the title. The interim leader who replaces him could give him permission to stay for the time being.

A refresher, if you need it: Carney and Trump have spoken twice so far this year.

Their first call was on March 28. During that discussion, the two agreed that Canada’s next prime minister would arrange a meeting with the U.S. president after the election.

Carney said at the time that Trump respected Canadian sovereignty during the call; it was later revealed that Trump used “51st state” rhetoric while speaking with Carney.

Their second call was on Tuesday. Trump congratulated Carney on his election win, and they agreed that they’d meet soon. We’re expecting to hear more details about that today.