On January 20, 2026, Prime Minister Mark Carney addressed the World Economic Forum in Davos with a speech he called "Principled and Pragmatic: Canada's Path." The core message was about a rupture in the rules-based international order, and the need for countries like Canada to build strategic autonomy in response.
What stood out to me wasn't the diplomacy. It was the implication for the years ahead. When the rules that have governed trade, alliances, and economic stability start breaking down, the result is a longer stretch of unpredictability, not a short-term disruption. Carney was describing a world where volatility becomes the operating condition, not the exception.