Prime Minister Mark Carney addressed the World Economic Forum in Davos, Switzerland, on Tuesday, emphasizing the urgent need for middle powers like Canada to adapt and collaborate in response to a shifting global landscape marked by increasing geopolitical tensions. In his speech, Carney pointed to the deteriorating rules-based international order, highlighting how powerful nations such as Russia, China, and the United States are leveraging economic integration as a tool for coercion and manipulation.
Carney drew inspiration from the thoughts of Czech dissident Václav Havel, urging nations to stop perpetuating the illusion of mutual benefit in a world where many are increasingly seeking to protect their own interests at the expense of others. He called on countries to remove the metaphorical “signs” they have placed in their windows, symbols of compliance to outdated systems that no longer serve their interests.
Acknowledging that Canada has historically thrived under a rules-based order, Carney starkly noted that the current global situation demands a fundamental shift in strategy. He described the ongoing disruptions—from financial crises to health emergencies—as indicative of a deeper rupture rather than mere transition. This presents a crucial moment for countries to reassess their dependencies and cultivate greater strategic autonomy over vital resources including energy and food security.
The Prime Minister argued that while middle powers must confront this reality, they should not retreat into isolationism or competition among themselves. Instead, he outlined a path of “value-based realism,” where principled commitments to shared values coexist with pragmatic engagement with diverse partners. The goal is to position Canada as a leader among nations by focusing on collaborative solutions rather than individual pursuits.
Since taking office, Carney’s government has taken significant steps to enhance Canada’s economic strength and international relations. Efforts to cut taxes, remove trade barriers, and invest heavily in critical sectors such as energy and technology aim to fortify the domestic economy while establishing strategic partnerships around the globe. Canada is actively engaging in trade agreements with various countries and forming coalitions on issues like defense and environmental sustainability.
Carney underscored that middle powers have the opportunity to shape the future and prevent a world characterized by isolation and rivalry. By collaborating on a broad range of issues—be it trade, climate action, or defense—Canada and its allies can create a robust framework for stability and prosperity. He encouraged a collective stance against the erosion of cooperative principles and asserted that embracing honesty about the current international reality would empower nations to build a more equitable future.
The speech concluded with a call to action for Canada and other middle powers, inspiring a vision where collaboration and shared values pave the way toward a sustainable and prosperous global community in an era of uncertainty. This forward-looking perspective champions a hopeful approach to international relations, reinforcing the idea that cooperation among nations can lead to greater resilience and strength in navigating the complexities of the modern world.