Carney says the old world order 'is not coming back' in Davos speech
Key Points:
- Canadian Prime Minister Mark Carney emphasized at the World Economic Forum in Davos that the "old order is not coming back" and urged middle powers to unite against economic coercion by great powers.
- Carney highlighted that great powers are increasingly using economic tools like tariffs and supply chain vulnerabilities as weapons, signaling a global shift from security based on geography and alliances to new forms of geopolitical competition.
- Without naming Donald Trump, Carney's remarks appeared to address US threats to impose tariffs on allies and the recent US interest in Greenland, affirming Canada's support for Greenland, Denmark, and NATO's collective defense commitment.
- Canada is adapting to changing geopolitics by forming diverse coalitions based on shared values and interests and positioning itself as a stable partner