Carney Urges New Institutions in Toronto Speech, Touts Housing and Energy Plans
Carney said the Liberal government will back a sovereign wealth fund and Build Canada Homes to support thousands of new homes.
- On Saturday, Prime Minister Mark Carney closed the 2026 Global Progress Action Summit in Toronto, calling for Canada to build new institutions as an antidote to modern anxieties.
- Carney argued that public frustration over the affordability crisis, immigration, and artificial intelligence has fueled a "politics of grievance" dividing populations globally.
- Citing philosopher Marshall McLuhan, the Prime Minister attributed the "age of anxiety" to "trying to do today's job with yesterday's tools," rejecting nostalgia for old orders.
- The government is pursuing modern solutions including the Build Canada Homes agency and a sovereign wealth fund, with an energy strategy accepting all sources, "including some gas."
- Reflecting on themes from the World Economic Forum in Davos, Carney emphasized that new international coalitions must replace the outdated rules-based order, declaring "fortune favors the bold.
44 Articles
44 Articles
Carney Tells Summit ‘New Progressive Politics’ Call for Building More to Face a ’More Dangerous World’
Speaking at the Global Progress Action Summit in Toronto, Prime Minister Mark Carney said Canadians are facing a “more dangerous world,” and that his response is to prioritize “actual building.” Carney said that Canadians must “build anew” amid challenges to the international rules-based order, echoing his remarks at the World Economic Forum in Davos, Switzerland, to a global audience followed by remarks to Canadians in Quebec City in January. “…
Prime Minister Mark Carney believes that Canada needs to create new institutions and rethink the old ones to address the concerns faced by citizens and governments in the modern era.
Economic resilience over US reliance: Carney outlines Canada’s new direction - The Canadian Media
Toronto/IBNS-CMEDIA: Prime Minister Mark Carney on Saturday said Canada must reduce its dependence on the United States and build a more resilient economy amid growing global instability and shifting trade dynamics. Speaking at the Global Progress Action Summit in Toronto, Carney said Canada’s long-standing economic reliance on the US had become a “vulnerability” in what he described as an era of tariffs, geopolitical tensions and fractured alli…
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