Canada’s Prime Minister Mark Carney delivers a striking address at the World Economic Forum 2026, declaring that the rules-based world order is breaking, and U.S. dominance is fading. Carney urges middle powers to reject “living within a lie” and build a new, values-driven global order rooted in sovereignty, resilience, and realism.
The Prime Minister said Tuesday that middle powers must stop pretending the rules-based international order is still functioning and instead build coalitions to survive in a new era in which great powers prey on smaller countries to take what they want. “More recently, great powers began using economic integration as weapons. Tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited. “The old order is not coming back.” “Middle powers must act together, because if you are not at the table, you are on the menu.”
The speech outlines Canada’s strategy for navigating the emerging world order, attracting investment, diversifying trade, and fostering pragmatic international partnerships amid current geopolitical and economic pressures.
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