MANILA, Philippines, Nov. 15, 2026 /CNW/ -- Today, the Prime Minister, Mark Carney, met with the President of Brazil, Luiz Inácio Lula da Silva, on the margins of the Association of Southeast Asian Nations (ASEAN) Summit, in Manila, Philippines.

Prime Minister Carney congratulated President Lula on his recent re-election as President.

The leaders discussed the strong and growing Canada-Brazil relationship, including new opportunities to deepen trade and strengthen cooperation on critical minerals and energy. Prime Minister Carney recognised President Lula's leadership on climate change and reaffirmed Canada's commitment to working with Brazil to advance climate action. To that end, Prime Minister Carney informed President Lula of Canada's initial contribution of up to $560 million in support of the Brazilian-led Tropical Forests Forever Facility, to protect tropical forests, preserve biodiversity, and combat climate change.

Brazil is Canada's largest trading partner in South America, with two-way merchandise trade reaching $14.7 billion last year. Prime Minister Carney reaffirmed Canada's commitment to building on this partnership. He also emphasised increased cooperation in defence, including under the Canada-Brazil Defence Cooperation Agreement.

The leaders also discussed the need to improve the multilateral system so it can better respond to today's global challenges.

Prime Minister Carney and President Lula agreed to remain in close contact.

Associated link

• Canada-Brazil relations

This document is also available at https://pm.gc.ca

SOURCE Prime Minister's Office