Canada lashes out at the US in Davos
Speaking at the World Economic Forum in Davos, Canada’s Mark Carney declared the end of the US-led global order, calling it a myth. He argued that major powers are now weaponizing economic integration, causing the old consensus of shared prosperity to collapse.
Canada Draws a Line at Davos, Declares End of US-Led Global Order
Once regarded as one of America’s closest allies, Canada has firmly refused to contribute USD 1 billion to Donald Trump’s proposed “Board of Peace.” The confirmation came from Canadian Foreign Minister Anita Anand during discussions at the World Economic Forum in Davos, signaling a clear shift in Ottawa’s stance toward Washington.
In recent weeks, Donald Trump has repeatedly targeted traditional allies, pushing transatlantic relations to one of their lowest points in decades. Ahead of the Davos summit, Trump even leaked a private message from French President Emmanuel Macron on his social media platform, Truth Social. In the message, Macron questioned Trump’s actions regarding Greenland, writing that he could not understand the move. Trump also criticized the United Kingdom, calling its decision to hand over the Chagos Islands to Mauritius a “major mistake.” Adding to the controversy, Trump shared an edited image from Air Force One, showing Canada, Greenland, and Venezuela colored in the hues of the US flag, a move widely seen as provocative.
Mark Carney’s Stark Warning: “The Old Order Is Over”
As global leaders gathered in the Swiss Alps, Canadian Prime Minister Mark Carney delivered one of the strongest critiques yet of the existing international system. Speaking at the World Economic Forum, Carney declared that the era of a US-led global order has effectively come to an end.
In his forceful address, Carney argued that the long-held belief in a rules-based international system no longer holds true. “Let me be very clear,” he said in essence, “we are not in a temporary transition — we are in a permanent shift. The old system is not coming back.”
Without directly naming the United States or President Trump, Carney took aim at what he described as unchecked dominance, warning that major powers are now weaponizing economic integration—the very mechanism that once promised shared global prosperity.
From Shared Prosperity to Economic Weaponization
Carney acknowledged that the story of a fair, rules-based global order was only partially true. Powerful nations, he noted, often exempted themselves from rules, applied trade norms unevenly, and justified dominance in the name of stability. While this arrangement once delivered certain public benefits, that compromise has now broken down.
According to Carney, recent crises across finance, healthcare, energy, and geopolitics have exposed the dangers of deep global interdependence—especially when tariffs, financial systems, and supply chains are increasingly used as tools of pressure.
“The world,” Carney suggested, “has entered an era where economic cooperation is no longer neutral—it has become a strategic weapon.”
Together, Canada’s refusal to fund Trump’s initiative and Carney’s sharp Davos speech underline a broader message: global power dynamics are shifting, alliances are being reassessed, and the old world order is giving way to something new.