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Mark Carney’s Davos speech marks a major departure from Canada’s usual approach to the U.S.

25 2
22.01.2026

It was a moment of global clarity. Prime Minister Mark Carney’s speech to the world’s political and economic elite gathered in Davos this week described global realities, past and present, with a candour and nuance rarely heard from a serving politician.

The message was twofold.

First, Carney made clear that the world has changed, and the old comfortable ways of global politics are not coming back. Those who wait for sanity to return are waiting in vain. We are in a world increasingly shaped by the threat and the use of hard power. All states must accept that reality.

Despite this, Carney’s second and more hopeful message was that while the globally powerful may act unilaterally, others — notably “middle powers” like Canada — are not helpless.

By finding ways to co-operate on areas of shared interest, states like Canada can pool their limited resources to build what amounts to a flexible network of co-operative ties. Taken together, they can provide an alternative to simply rolling over and tolerating whatever great powers like the United States dole out.

There’s also little choice in the matter if countries want to remain independent. As he eloquently put it: “If we’re not at the table, we’re on the menu.”

The speech represented a remarkable departure from Canada’s usual approach to its relationship its neighbour to the south.

For all the talk of “elbows up” during the 2025 federal election campaign, the Carney government has been somewhat........

© The Conversation