Carney Davos

In January 2026, Prime Minister Mark Carney gave a famous speech at Davos called "Principled and Pragmatic: Canada's Path." He said that the old "rules-based order" was dead and called it a "pleasant fiction." He also said that global powers are now using trade and tariffs as weapons.

Carney told "middle powers" like Canada to stop being passive and form new coalitions around specific issues to make sure they are "at the table, not on the menu." Carney's speech was marked by a direct confrontation with U.S. President Donald Trump, in which he defended Canada's independence and announced new strategic partnerships with the EU, China, and Qatar to lessen Canada's dependence on the U.S.

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