Prime Minister Mark Carney is using his first appearance at the World Economic Forum as Canada’s leader to promote resilient partnerships and attract new global investment.
Speaking in Davos, Switzerland, Carney outlined a strategy focused on diversifying trade relationships and strengthening Canada’s economic independence amid global uncertainty. The annual forum brings together nearly 3,000 leaders from government, business and academia representing more than 130 countries.
During meetings with European leaders, including the President of France and the Prime Minister of Sweden, Carney discussed global trade shifts, security challenges and continued international support for Ukraine. He reaffirmed Canada’s commitment to sovereignty and territorial integrity, while opposing the use of tariffs tied to Arctic issues and stressing the importance of cooperation through NATO.
The Prime Minister also met with business leaders from companies representing roughly $10T in global market value. He highlighted Canada’s competitive advantages in clean and conventional energy, defence, agriculture, artificial intelligence, quantum computing and health technology. Carney says Canada is working to unlock as much as $1T in new investment over the next five years to support infrastructure, manufacturing and innovation.
The Davos meetings build on recent international engagements in China and Qatar, where Canada secured new partnerships aimed at expanding trade, attracting investment and strengthening defence cooperation.
Carney says Canada’s approach is focused on practical solutions and principled engagement, leveraging trade and investment to create opportunities at home while positioning the country as a stable and competitive destination for global capital.
(Written by: Joseph Goden)
