Tuesday, January 20, 2026

Carney outdoes himself at Davos

Well.

Mark Carney just made the speech of his life - "the most important speech in Canadian history", if you believe the National Observer - and you can watch it on YouTube, or read it here. It earned a rare standing ovation at Davos.

Appearing at the Davos World Economic Forum, his 16-minute speech - which he actually wrote himself, no professional speech-writers here - laid out Canada's way forward as a middle power in a post-Trump world. And, while he never actually mentioned the word "America", "USA" or "Trump" once, it was very clear what he was talking about.

"The old order is not coming back", he intoned. "We should not mourn it. Nostalgia is not a strategy. But from the fracture, we can build something better, stronger, and more just." There were many more quotables: "The end of a nice story and the beginning of a brutal reality"; "We're in a rupture, not a transition"; "When rules no longer protect you, you must protect yourself"; "To hope that compliance will buy safety - it won't"; "If you are not at the table, you are on the menu"; "This is not sovereignty, it is the performance of sovereignty while accepting subordination".

Referencing Thucydides and Václav Havel, Carney did indeed outdo himself. Yes, there was some bull in there too. For example, the claim that Canada has the "most educated population in the world" - where did that come from? And asserting "sustainable development" as one of Canada's core values is a bit strong coming from a man who has spent the last year walking back much of Canada's sustainability.

But kudos to Carney for a strong showing from a man who sometimes comes over as a bit "blah".

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