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Mark Carney
Prime Minister, Canada

PM Carney announces $1.2B investment in ocean conservation – September 29, 2026

📅 Sep 29, 2026 cpac 58 MIN 7522 VIEWS 29 SEGMENTS · 9 SPEAKERS
Prime Minister Mark Carney announces a new $1.2-billion investment in ocean conservation at a press conference in Vancouver. The measures include expanding the Canadian Coast Guard’s capacity to monitor marine traffic, strengthening ocean science and ecosystem protections, and improving marine incident prevention and preparedness. The government is also investing $186 million in the Northern Shelf Bioregion Reconciliation Framework Agreement.

What Mark Carney said

Written from the verified transcript and checked against it. Every figure links to the moment it was said.

Prime Minister Mark Carney announced a $1.2 billion investment in ocean conservation at the Polygon Gallery in North Vancouver. He detailed Canada's progress, including restoring over 25 million square metres of aquatic habitat, removing 2,500 tonnes of ghost gear, and protecting over 17% of oceans. He committed to expanding the reconciliation framework in the Northern Shelf bioregion with $185 million, investing $100 million in underwater noise monitoring, and $90 million for fisheries enforcement. Carney linked conservation to trade expansion, citing $10 billion for Port of Vancouver and Roberts Bank Terminal 2, and discussed the proposed bitumen pipeline, emphasizing a 'protect-while-we-build' approach. He addressed questions on LNG Canada phase two, trade relations with the US, Havana syndrome, AI accountability, pesticide standards, and Stelco layoffs, expressing disappointment and vowing legal action.

Key takeaways

  1. Announced $1.2 billion for ocean conservation, including $100 million for underwater noise monitoring and $90 million for fisheries enforcement.
  2. Committed to expanding the reconciliation framework in the Northern Shelf bioregion with $185 million over five years.
  3. Set a goal to keep ocean noise at 2023 levels even as vessel traffic increases.
  4. Stated Canada is investing more than $3 billion in ocean conservation, with plans to release other pillars of ocean strategy.

Numbers and commitments

FigureWhat it refers toTypeAt
$1.2 billion Ocean conservation investment announced commitment 20:32
$185 million Investment in Northern Shelf bioregion reconciliation framework commitment 15:16
$100 million Investment in underwater noise monitoring commitment 26:49
$90 million Investment in fisheries enforcement capacity commitment 26:49
17% Percentage of oceans protected metric 15:16
25 million square metres Aquatic habitat restored metric 15:16
2,500 tonnes Ghost gear removed metric 15:16
$10 billion Investment in Port of Vancouver and Roberts Bank Terminal 2 commitment 20:32
$3 billion Total investment in ocean conservation metric 32:11
150,000 New jobs from proposed bitumen pipeline metric 20:32

Chapters

  1. 0:00Ocean conservation announcement
  2. 20:32Trade and port investments
  3. 26:49Whale protection and noise reduction
  4. 32:11Future ocean strategy and conference
  5. 34:30LNG Canada phase two and trade
  6. 40:53Havana syndrome investigation
  7. 42:28AI accountability and trade pressure
  8. 47:00EU alliance and pesticide standards
  9. 48:48Trans Mountain and economic benefits
  10. 55:53Stelco layoffs and legal action

Questions asked in this interview

11
  1. 34:14Is phase two of LNG Canada going to be built with Chinese steel like phase one or will it be built with Canadian steel?
  2. 34:58What do you say in response to this?
  3. 38:39Can we get that answer in English, please?
  4. 40:03Will your government open some sort of independent investigation or refer this to NSIA for review?
  5. 41:03So do you think the government owes these diplomats to look into the new information and to Canadian diplomats around the world who could be at risk for similar exposures?
  6. 42:07So is this something that you are considering?
  7. 43:05Are you considering applying new trade pressure at this time or have you ruled out further escalation?
  8. 46:36How do you intend to integrate our pesticide regulatory regime, which your government has been kind of gutting, with the more stringent European measures?
  9. 48:10Are we actually benefiting from this essentially business-friendly approach, or are these handouts to corporations?
  10. 52:44... critics who say that your government is handing taxpayer money to foreign gas giants and on top of that to expand a facility that we now know burned off more methane than any other LNG export facility in the world last year? Your response?
  11. 55:35And is your government considering legal action to make the company respect its agreement with the government to not have any layoffs?
Braden Kayley 12:20 ↗
Okay. All right. Welcome everyone to the Polygon Gallery. I'm Braden Kayley and it's my honor to welcome you to our community and the riding I have the immense privilege of representing in Parliament, North Vancouver—Capilano. We're also honored to be gathered here today on the traditional and unceded territories of the Squamish, Tsleil-Waututh and Musqueam nations and to be joined by many of their leaders. Your stewardship of these lands and waters stretches back generations and continues to shape their future today. Fellow MPs, Minister Thompson, Prime Minister, welcome back to the North Shore. And Prime Minister, on what is at least your ninth visit to BC in the last nine months alone. We're proud to have you here for such an important announcement on protecting our oceans and coast. Here on the North Shore, the ocean is part of our everyday lives. It supports livelihoods. It connects us to the world and each other, and helps make this place home. The harbour behind us, our country's busiest by far, carries both Canada's prosperity and our responsibility to protect all that sustains it. Indeed, building a stronger, more sustainable, more independent Canadian economy also means caring for the waters that connect us in partnership and for generations to come. To speak more about that work, please join me in giving a warm West Coast welcome to our Minister of Fisheries, the Honourable Joanne Thompson.
Joanne Thompson 13:37 ↗
Good afternoon. The Pacific and the Atlantic Ocean sit at opposite ends of this country and the Arctic ties them together across the North. The people who live beside them have so much in common. Here in Vancouver, just like where I'm from in St. John's, the ocean is part of everyday life. It's where people work. It's where our food comes from. And it's where so much of our history is made. Those waters are changing and the people who depend on them are feeling it. This past year, I sat down with harvesters, coastal communities, Indigenous leaders from coast to coast to coast. No matter where I went, I heard the same message. People want the ocean protected, and they want to make a good living from it. The conservation and protection officers with us this afternoon see this every day working on the water and on the wharves, and thank you for what you do every day. The goals of growing our ocean economy and protecting our oceans are not at odds. That idea is at the heart of what we are doing here today. The Prime Minister has made it clear that Canada's oceans are an important part of Canada's future. So, ladies and gentlemen, it is my pleasure to introduce the Right Honourable Mark Carney.
Mark Carney 15:16 ↗
Thank you very much, Minister Thompson. MP, where is he? Okay, there you are. He fits right in there in the caucus. My fellow caucus members, Chairperson Williams from the Squamish Nation, Councillor Alec Garin from Musqueam Nation. Dear friends, conservation officers, thank you for joining us today. We are gathered on the shores of the Pacific, shores where Indigenous peoples, including the Musqueam, the Squamish, the Tsleil-Waututh nations, have lived since time immemorial. They were the first of these waters. They have cared for them for thousands of years. Water is where life begins for each of us and for our planet. And many Indigenous teachings begin with this truth. The ocean is our first water. Life on this planet began in the ocean. Today, the ocean is a life force that produces half of the oxygen we breathe. It feeds billions of people. It helps to steady our climate and these waters connect us to the world. Our food, our trade, our transportation, our way of life all depend on the ocean. Canada is an ocean nation. With the longest coastline on Earth touching three oceans, long enough to circle the equator six times, that's an enormous strength, one we've drawn upon from our first fisheries to new trade corridors that are poised to transform our economy. But when something comes first, we should treat it accordingly. So, first and foremost, we must protect our oceans. Long before Canada had an oceans policy, Indigenous peoples protected these waters. Governments are now beginning to catch up. The Government of Canada has taken major actions to restore our waterways and marine ecosystems. Over 25 million square metres of aquatic habitat, the equivalent of 20,000 Olympic swimming pools, have been restored. We've removed over 2,500 tonnes of ghost gear, deadly marine pollution that harms turtles, fish, and other marine life. We've recovered more than 1,600 wrecked, hazardous, and abandoned vessels from the water. And now we're going further. In March, Canada's government launched a force of nature, a $3.8 billion strategy to protect and restore critical habitats, to harmonize our growth strategies with our conservation, and to mobilize new capital for nature. At the core is our plan to protect 30% of our lands and 30% of our waters by the end of this decade. A decade ago, Canada protected barely 1% of our waters. In the intervening years, there's been steady progress. In the past six months, we've added two more percent in marine protected areas, with two new ones in the Arctic: Kikat Sarvar Juak Nunovet Amiiala Halig Joe Goam Han Marine Conservation Area on BC's central coast. Today, in total, with those extra areas, we're protecting more than 17% of our oceans. That's over a million square kilometres. That's more than 50 times the size of our Lake Ontario. Indigenous partners are helping shape these decisions. Indigenous knowledge, as we know, has stewarded these waters for thousands of years. And that knowledge will help us to ensure that they remain safe, sustainable and healthy for future generations and for all the life that lives in them. To that end, I can announce today we will expand the reconciliation framework agreement in the Northern Shelf bioregion. That's the region that stretches from the top of Vancouver Island to the Alaskan border. This new $185 million investment will support a five-year agreement with the Province of British Columbia and 18 First Nations to strengthen collaborative governance, conservation, and emergency preparedness. And where the Fraser River meets the Salish Sea, we're investing in Indigenous-led stewardship and the restoration of the lower Fraser River estuary. More broadly, we will continue to identify additional marine protected areas over the coming three years to conserve that additional 13% of Canada's marine heritage to which we committed.
Ocean conservation must go hand in hand with our ambitious agenda to build Canada strong. Canadians know that we need to diversify our trade with reliable partners, but we can't trade more without greater port capacity. And that's why the Government of Canada is investing $10 billion to help transform the Port of Vancouver and the Roberts Bank Terminal 2, and why we're currently determining whether this project will be in the national interest. It's also why we're expanding the Port of Prince Rupert and the Port of Stewart. And it's why we're replacing the George Massey Tunnel, cutting travel times for commuters and speeding up our exports. Collectively, these measures will unlock over a hundred billion in new trade capacity. They will support hundreds of thousands of new jobs in BC and across Canada. But they will also mean more ships on the water and more pressure on the habitats that we are all working to protect. And that means we must further strengthen our conservation efforts through fast, effective response plans and by changing how we build, how we travel, and how we operate on the water to minimize impact. To these ends, my colleagues and I are proud to announce a historic investment of $1.2 billion to keep our waters safe, to protect marine life, and to strengthen frontline conservation enforcement. You know, Canada is already a leader in ocean conservation, so we're starting from a position of strength. For the past decade, Canada's robust Oceans Protection Plan has made considerable progress. But those growing trade volumes that I just referred to and intensifying climate change mean we must now redouble our efforts. So we're expanding the Coast Guard's capacity to monitor marine traffic. We're upgrading search and rescue stations. And we're extending the very high frequency radio and radar network. We're improving seabed mapping, fisheries conservation, and protection through new digital and autonomous tools. And we're developing a new national nearshore ocean forecasting system to better predict weather and currents, both to prevent marine incidents and to respond more rapidly when those incidents occur. Now, as many of you know, we're in the final stages of deciding whether one of Canada's biggest infrastructure projects, a proposed new Bitumen pipeline to the West Coast, could be a project of national interest. This project would diversify our economy, create almost 150,000 new jobs right across Canada, and make us much less dependent on the United States. But we know it's not just what we build, it's how we build. And this government is taking a protect-while-we-build approach to new investments. We made it clear that the pipeline should avoid highly sensitive areas. The proposed route would follow a similar southern corridor to the existing Trans Mountain pipeline and the north coast oil tanker ban will remain in effect. But between our increased trade requirements, more ships will enter the Port of Vancouver. So, we must scale up our systems to protect marine life in the event that something goes wrong. We're investing in a national marine mammal oil spill response plan and working with local partners to respond more quickly and effectively right across Canada. And every project we advance must fully assess its potential impact on the environment and have a plan to mitigate it. For example, the extensive conditions for any Roberts Bank Terminal 2 expansion will include detailed measures to protect the habitats of killer whales. We are establishing noise thresholds and implementing marine protection procedures. To put it simply, if a killer whale gets too close to the site, work must stop. These measures and others like them are the product of years of detailed analysis and consultation. They'll add significantly to the cost of the project, but it will be worth it to protect our first waters.
I want to come back to whales. As you know, whales in Canada's coastal waters live by sound. It's how they find food, their family. It's how they traverse these great seas. That means that a loud ship can be disorienting, deafening, and dangerous. So, we're investing an additional hundred million to build a national long-term capacity to monitor, assess, and mitigate underwater noise across Canada's oceans. That means we'll work with companies and individual owner-operators to reduce noise with proven technologies such as low-noise propellers, electric and hybrid motors, and hull improvements to make vessels more hydrodynamic. In the Arctic, we will monitor underwater noise and marine mammals, understand baseline noise levels, assess the impact of increasing ship traffic, and address mitigation issues. And that commitment, I just referenced that $100 million, that builds on the $258 million we announced earlier this year to protect southern resident killer whales, North Atlantic right whales, and St. Lawrence estuary belugas. And it builds on the vital work in the Salish Sea to protect whales by reducing underwater noise, improving real-time whale detection, and responding faster to marine mammal incidents. Our ocean protection approach has to be comprehensive and that means replenishing the food source on which whales depend. So, our Pacific Salmon Strategy, a $412 million plan to protect the lifeblood of the West Coast ecosystem, and I want to pay tribute to my colleagues who helped design and make that a reality, to restore habitats, rebuild wild salmon stocks, and transform fisheries in partnership with Indigenous peoples and coastal communities. Let me be clear about what all this will mean for the unique ocean ecosystem around Vancouver. We're setting a goal, a clear objective to keep ocean noise here at 2023 levels even as vessel traffic increases. We'll do that through the combination of rigorous conditions around construction and investments in noise reduction. For the whales we're protecting, we will plan according to their patterns, not ours. And to maximize the effectiveness of these initiatives, we'll need more effective monitoring and better enforcement. And that's why we're also investing more than $90 million to increase frontline capacity and modernize fisheries enforcement. We'll equip fisheries officers with digital surveillance tools, including drones. And we'll invest in recruitment, training, and retention of skilled officers. We'll have more eyes on the water above and below the surface.
The action we're taking today will advance Canada's position as a global leader in ocean protection. Getting ocean protection right is the prerequisite for sustainable growth. With today's measures, our government is now investing more than $3 billion in ocean conservation. In the coming months, we'll release the other two pillars of Canada's ocean strategy, namely our plans to secure our waters and secondly to build our ocean economy. And our work, all this work will accelerate as we prepare to welcome the world for the 12th Our Ocean Conference in May, convening governments, Indigenous leaders, scientists, and coastal communities to turn ambition into concrete action for ocean protection and sustainable use. Let me end at the beginning. Let me end at our beginning. First water. The waves. The waters. A lot of waves today. Light waves. The waves behind me. The waters behind me sustained life and they're a gateway for the exchange of trade, of people and ideas. They've shaped the Canada we know today. And how we treat them will shape our future. Canada is building big again. And we're doing so to strengthen our shared prosperity, to reinforce our sovereignty, and to carry us further than ever before. But the further we reach, the greater is our responsibility to protect what sustains us. We inherited these oceans, and it's our obligation to pass them on better than we found them. And so we will. Canada is an ocean nation that will protect our first waters. Thank you very much.
Moderator 34:14 ↗
Minister, thank you, Prime Minister. We'll now turn to questions. First question, Georgie Smyth, CBC. Is phase two of LNG Canada going to be built with Chinese steel like phase one or will it be built with Canadian steel?
Mark Carney 34:30 ↗
It's a great question for the proponents of phase two. They've taken their first investment decision. The process runs for the next five, six years. I'll leave it to them on the precise timing in early 2030s when expected to be operational. There will be full opportunities to buy Canadian steel and we'll continue to invest in the Canadian steel industry to make sure that's the case, but it'll be for them to decide.
Georgie Smyth 34:58 ↗
Follow-up. President Trump said yesterday he thinks Canada will apologize in the next three to four weeks and say, 'We're going to get rid of all the tariffs.' Mr. Navarro today told Canadians lobbying in Washington to get the hell out of the country. What do you say in response to this?
Mark Carney 35:17 ↗
I take note of both comments. How's that? No response to either. Okay, I'll just say this on trade. It continues to be the case that Canada stands ready to negotiate in good faith what is there, which is a mutually advantageous trade arrangement that respects both our countries' sovereignty.
Moderator 38:39 ↗
Can we get that answer in English, please?
Mark Carney 38:42 ↗
Which part? Well, how do you respond to the... Oh, sorry, the... in the elections? Yes. Well, the first is the announcement at the Davie shipyard, which was the biggest investment in shipbuilding in Quebec's history, was made prior to the start of the campaign. And naturally, of course, I would be there and other officials would be there. Today's announcement, the timing of it was determined by the five private sector partners for LNG2. The Canadian government made major efforts over the course of the last year to get to this point, to help them get to this decision point for what is the second largest private sector investment in Canadian history. So, it's an enormous investment. And the final point that I made was that I think that we're able to do multiple things at one time. We have to protect as we build, and that the ocean conservation efforts that we're taking today as part of a much bigger nature strategy and what will follow from this will be bigger determinants for future generations of this country. Thank you.
Mike Hager 40:03 ↗
Mike Hager, Globe and Mail. Lots of new information has come to light since the 2024 federal government's review of what happened to Canadian diplomats in Havana. The Globe and Mail has reported that Canadian and American intelligence were collaborating during that time when Canadian and American diplomats began to experience symptoms. The US just reported acquiring a directed energy weapon in their testing that could be responsible for Havana syndrome and they've deemed their findings serious enough to brief the House and Senate intelligence committees. Former CSIS and national security officials are calling for you to open an investigation into what happened. Will your government open some sort of independent investigation or refer this to NSIA for review?
Mark Carney 40:53 ↗
I expect to be briefed on the situation. There's some new information, as you say, that's come to light. And I'll take a determination after that's happened.
Mike Hager 41:03 ↗
Follow-up. Thanks. So do you think the government owes these diplomats to look into the new information and to Canadian diplomats around the world who could be at risk for similar exposures?
Mark Carney 41:14 ↗
Let me answer this fundamentally. We owe a responsibility and we discharge a responsibility, a duty of care for Canadian diplomats who serve on the front lines on behalf of Canadians. And those front lines, the fact of that service can change very rapidly in a variety of jurisdictions and circumstances, and we take those responsibilities seriously. Issues of national security and ongoing investigation, there are appropriate ways and times to pass that on. As I've said, I expect to be briefed. I haven't been briefed in more detail about the latest revelations and I commend you for raising them. And I expect to be briefed and take action from there. Thank you.

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APA

Carney, M. (2026, September 29). PM Carney announces $1.2B investment in ocean conservation – September 29, 2026 [Interview transcript]. cpac. CEOInterviews.AI. https://ceointerviews.ai/interview/2956354/

MLA

Mark Carney. "PM Carney announces $1.2B investment in ocean conservation – September 29, 2026." cpac, 29 Sep. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/2956354/.

BibTeX
@misc{carney2026_2956354,
  author       = {Mark Carney},
  title        = {PM Carney announces $1.2B investment in ocean conservation – September 29, 2026},
  howpublished = {Interview transcript, cpac. CEOInterviews.AI},
  year         = {2026},
  month        = {sep},
  url          = {https://ceointerviews.ai/interview/2956354/},
  note         = {Speaker-attributed transcript with timestamps}
}