Trump Revives Grievances Against Canada Over Banking, Aviation, and Trade in Oval Office Press Conference

During an Oval Office press conference, Trump repeated claims that Canada has been "ripping off" the U.S. for decades. He alleged that Canada blocks U.S. banks from operating in the country—a claim contradicted by the Canadian Bankers Association, which confirmed that half of all foreign bank assets in Canada are U.S. subsidiaries, and by CTV News reporting. Trump also revived a grievance over aviation certification, claiming Canada has refused for nine years to certify Gulfstream jets to protect its own Bombardier aircraft. He pointed to retaliatory tariffs Canada planned for September 8 and declared the U.S. should reduce reliance on Canada, stating "we don't need them." The remarks came a week after he signed an executive order renaming Lake Ontario to "Lake America."

“They need us. We don't need them. They've taken advantage of us for years, and it's time to stop.” Quote verified against source