11 hrs ago

Canada Examined Extreme Risk of Possible US Military Action

Canada Examined Extreme Risk of Possible US Military Action
‘Extreme Tail Risk’: Canada PM Says Ottawa Examined Possibility Of US Military Action · timesnownews.com

Canada’s prime minister was asked about Donald Trump’s repeated comments that Canada could become the 51st U.S. state.

He said the Canadian government had considered what could happen in an extremely unlikely situation involving U.S. military action.

He explained that governments must prepare for very serious risks, even when they are not expected to happen.

He called this “extreme tail risk.”

This means a rare event that could have very large consequences.

Carney said preparing for it was part of managing risk responsibly.

He also made clear that this was not the expected outcome.

The article does not say that military action is currently planned.

Key facts

Canadian leader
Prime Minister Carney
U.S. president mentioned
Donald Trump
Scenario examined
Possible United States military action
Risk classification
Extreme tail risk
Expected likelihood
Not the base case
Stated rationale
Responsible risk management
Related comments
Trump repeatedly discussed making Canada the 51st U.S. state

Quotes

Mark Carney

Prime Minister of Canada

“I think you have a responsibility in these roles to look at extreme tail risk. That’s just risk management. That’s not a base case, but it would be irresponsible not to prepare.”
timesnownews.com

Sources

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