During his speech, Carney emphasized that the world is currently experiencing a "turning point, not just a transition."
Carney noted that powerful states are using economic coercion to achieve their goals, employing tariffs as a lever of influence and financial infrastructure to exert pressure.
Additionally, he expressed Canada's readiness to support Greenland and Denmark, which was met with applause in the hall.
The term "great powers" typically refers to countries with permanent seats on the UN Security Council: China, France, Russia, the United Kingdom, and the United States, which possess significant economic and military strength.
The "middle powers" include countries such as Canada, Australia, Argentina, South Korea, and Brazil—nations capable of influencing global politics despite the smaller scale of their economies.
Carney emphasized that "Canada was one of the first to recognize the warning signs," indicating that geographical location and historical alliances are no longer guarantees of security and prosperity.
Recent threats from Donald Trump to unify Canada with the U.S. through "economic power" and the imposition of high tariffs on Canadian goods led Canada to increase its exports to other markets by 14%.
The Canadian Prime Minister also noted that Canada supports Greenland and Denmark and their right to determine Greenland's future, emphasizing: "Our commitment to Article 5 remains unwavering," which implies the protection of all NATO members.
Recently, Canadian media reported on the possible deployment of a small contingent of troops to Greenland to participate in joint military exercises with Danish and other European forces.
Canada's Foreign Minister Anita Anand confirmed that the country is actively participating in NATO exercises and that decisions regarding troop deployments are made jointly with the Minister of National Defence.
Carney also noted that Canada is focusing its efforts on forming various coalitions with other countries based on shared values and interests in response to the changing geopolitical situation.
In conclusion, the Prime Minister emphasized that Canada is a "stable and reliable" partner, mentioning recent agreements on trade and investment with China and Qatar, as well as defense contracts with the European Union.
Although Carney did not mention Donald Trump by name, his words were perceived as a response to the upcoming speech by the American president at the World Economic Forum.
