Without invoking U.S. President Donald Trump by name, Carney referenced "American hegemony" and said "great powers" are using economic integration as "weapons." Middle powers must act together because if you are not at the table, you are on the menu," Carney said. Middle powers do not. Speaking later at a fireside chat at the World Economic Forum, Carney acknowledged Canada is vulnerable to an increasingly assertive U.S. given geography and longstanding economic ties. Speaking of the Danish territory coveted by Trump, Carney said: "I think clearly NATO is experiencing a test right now."

Source: CBC News January 20, 2026 19:01 UTC