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on themes from the World Economic Forum in Davos, Carney emphasized that new international coalitions must replace the outdated rules-based order, declaring "fortune favors the bold.
43 Articles
43 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.
‘We have to take risks again’: Carney speaks at Toronto global summit
Political leaders and policy experts from around the world gathered in Toronto on Saturday for the 2026 Global Progress Action Summit. The summit, co-hosted by Canada 2020 and the Center for American Progress Action Fund (CAPAF), is a day-long event focused on economic security, democracy and global co-operation, according to a release by the CAPAF. It featured Prime Minister Mark Carney alongside several federal cabinet ministers, including Ind…
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