By John Q. Hosedrinker 
Prime Minister Mark Carney presented a critical assessment of the global landscape at Davos, asserting the end of the U.S.-led international order. He argued that middle powers like Canada must adapt to avoid coercion from powerful nations by focusing on self-reliance and diversifying trade relationships. Carney emphasized the need for Canada to develop strategic autonomy in critical sectors as multilateral institutions face diminished influence. He also highlighted Canada’s efforts to diversify trade and strengthen partnerships, positioning the country as a stable and reliable partner in a world of shifting power dynamics.
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“The old order is not coming back,” Canadian PM Carney says in provocative speech at Davos. Acknowledging that the old rules aren’t working anymore and that the world has changed is a big deal, and that’s precisely what Carney did. It seems like he was delivering a wake-up call, a clear-eyed assessment of where things stand in the world right now, and what Canada needs to do to navigate this new reality. The speech itself was described as both frank and hopeful, which is exactly the kind of sentiment that resonates in these uncertain times.
Carney’s main point was that the established system of global cooperation, which relied on institutions like the World Trade Organization and the United Nations, is fading. He suggested that countries must recognize this and prepare for a world where they might have to rely more on themselves. He emphasized the need for greater strategic autonomy, particularly in areas like energy, food, and critical resources. It’s a pragmatic view: If the existing systems fail to protect your interests, you have to find ways to protect yourself. He understands that this shift towards isolationism could make countries poorer, more fragile, and less sustainable, but it’s happening, nonetheless.
The emphasis on middle powers – countries that aren’t quite superpowers but also aren’t small players – is crucial. Carney articulated that these countries face a choice: either compete amongst themselves for favor from larger powers, or band together to create a third path with real impact. He cleverly summed it up with a stark warning: “If you are not at the table, you are on the menu.” It’s a call to action, essentially, encouraging countries like Canada to find strength in collaboration.
He seemed to be talking about a world where great powers can flex their muscles and dictate terms, but middle powers don’t have that luxury. The answer, according to Carney, isn’t to play the game on their own. Instead, it’s about forming alliances, finding common ground, and creating a unified front. In the wake of his address, it’s pretty clear that Carney is suggesting that a more robust relationship with the EU could be key for Canada moving forward.
He didn’t shy away from pointing out the challenges. He touched on the weakening of multilateralism and the need for countries to develop their own capabilities to avoid being beholden to larger, more powerful nations. He also suggested that nostalgia for the old order isn’t a strategy and that countries need to embrace the change and build something better.
This isn’t just about talk; Carney seems to be backing up his words with actions. Since taking office, he has, according to the available information, significantly increased defense spending and moved rapidly to diversify trade by making deals on multiple continents. He also emphasized drawing closer to the European Union, which gives an impression that it’s a key partner in this new world order.
It’s easy to see why the speech was met with such positive reactions. Carney seems to be a leader who’s willing to speak plainly, to acknowledge the complexities of the current international situation, and to offer a clear vision for how Canada can respond. Many found it validating, as though he was putting into words the anxieties and concerns that many have been feeling about the direction of global affairs. It was a speech that resonates with the sentiment that Canada and its allies are facing significant challenges and the need to adapt and evolve to protect their own interests.
The reaction seems to be in general agreement that Carney’s leadership is exactly what is needed right now. There is clear support for someone who recognizes the challenges, isn’t afraid to address them head-on, and offers a path forward that focuses on strategic partnerships and safeguarding national interests.