Canada Warns That Trump’s America Is Causing “Rupture” in World Order

Canadian Prime Minister Mark Carney is warning that the global order is in the middle of a “rupture.”

Carney made the remarks at the World Economic Forum in Davos, Switzerland, on Tuesday, and without mentioning Donald Trump by name, declared that America’s policies were exposing the flaws in the financial system and causing it to fail.

“We knew the story of the international rules-based order was partially false. That the strongest would exempt themselves when convenient. That trade rules were enforced asymmetrically,” Carney said. “And we knew that international law applied with varying rigor depending on the identity of the accused or the victim.”

“This fiction was useful and American hegemony in particular helped provide public goods. open sea lanes, a stable financial system, collective security, and support for frameworks for resolving disputes,” Carney continued. “We participated in the rituals, and we largely avoided calling out the gaps between rhetoric and reality. This bargain no longer works. Let me be direct. We are in the midst of a rupture, not a transition.”

Carney’s speech is significant not only because of Canada’s status as the U.S.’s largest trading partner, but also because of his background in finance prior to entering politics. Carney served as governor of the Bank of Canada from 2008 to 2013 and governor of the Bank of England from 2013 to 2020, leading the British central bank through Brexit and the beginning of the Covid-19 pandemic.

“Great powers have begun using economic integration as weapons, tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited,” Carney added, making a pointed jab at the U.S. under Trump. “You cannot live within the lie of mutual benefit through integration when integration becomes the source of your subordination.”

Carney: "American hegemony in particular helped provide public goods, open sea lanes, a stable financial system, collective security ... this bargain no longer works. Let me be direct. We are in the midst of a rupture, not a transition ... recently, great powers have begun using… pic.twitter.com/oVSorwTyUT

— Aaron Rupar (@atrupar) January 20, 2026

Carney is directly pointing out that Trump is attempting to weaponize the integrated economic system against those countries tied the most to it, in effect countries with strong economic relationships with the U.S. like Canada. This speech signifies that Canada, led by Carney, is eyeing a way out to protect itself from retribution from Trump.

Canada already faced down Trump’s ludicrous call to have Canada become the U.S.’s 51st state, and is now working together with its NATO allies to oppose Trump’s attempt to annex Greenland. It seems that Carney is hoping to end Canada’s dependence on trade with the U.S. so that it won’t be held hostage to Trump’s whims.