021 FULL SPEECH: Canada’s PM Carney Says US-Led World Order Is Breaking at World Economic Forum

20 January 2026The US-led world order is breaking, and intermediate powers like Canada are not powerless. They can build a new order based on values like human rights and sustainable development. This requires honesty and a shift away from the current system, which is based on false assumptions and is becoming increasingly fragile.Canada is strengthening its domestic economy through tax cuts, trade agreements, and investments in key industries. Internationally, Canada is diversifying its partnerships and building coalitions based on shared values and interests to address global challenges. This approach, termed “variable geometry,” aims to create a dense web of connections for future collaboration.