PRIME Minister Mark Carney announced on Friday that King Charles will open Parliament. The King will deliver the speech from the throne on May 27. Queen Camilla will accompany the King.

Carney said he will announce his cabinet the week of May 12.

He said that he will meet with U.S. President Donald Trump on Tuesday and their “focus will be on both immediate trade pressures and the broader future economic and security relationship between our two sovereign nations.”

The Prime Minister said: “My government will fight to get the best deal for Canada. We will take all the time necessary, but not more, in order to do so.”

He said Canada would continue to talk trade with other trading partners as well. He added: “In parallel, we will strengthen our relationships with reliable trading partners and allies. Canada has what the world needs, and we uphold the values the world respects.”

Carney said that Canada will cap entry of temporary workers and foreign students at less than 5 per cent of the population by the end of 2027.

Carney also promised to make big changes to bring about the “biggest transformation of our economy since the Second World War.” Canada would move to remove interprovincial trade barriers by July 1.

He pointed out: “We campaigned on a very clear set of objectives, very clear policies to back those up and we received the highest number of votes in Canadian history. Yes, it is not quite a majority, but the highest number of votes.”

Carney said his promise of a middle class income tax cut would come by July 1.

Carney said there will not be a formal governing agreement with the NDP.

Carney said that he would ensure a by-election is held as soon as possible if the Conservatives choose to have one of their MPs step down from their seat to give Conservative Leader Pierre Poilievre another chance to win a seat.

Carney noted he received a strong mandate from Canadians with 8.5 million votes, elected MPs in every province and a majority of votes in seven out of 10 provinces.