The Current Parliament is back: What’s at stake for Carney and Canada
Jan 26, 2026
Stephanie Levitz, Globe and Mail political reporter; Rosemary Barton, CBC chief political correspondent; and Ryan Tumilty, Toronto Star parliamentary reporter. They dissect Mark Carney’s global tour and Davos speech. They unpack Trump’s 100% tariff threat, trade negotiations with China, risks for Canadian industries, premiers’ regional pushback, and the Conservative party’s internal tensions.
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Middle Powers Need New Playbook
- Mark Carney offered a roadmap for middle powers as the rules-based order unravels.
- He argued the old rules were never absolute and countries must navigate a new reality.
Coercion Over Rules In U.S. Policy
- Donald Trump's threats show he will use tariffs and coercion as leverage.
- Rosemary Barton said that pattern confirms Carney's warning about coercive power politics.
Prepare Trade Alternatives Now
- Diversify trading partners and prepare domestically for U.S. unpredictability.
- The government should build alternative trade ties and protective measures in case relations worsen.