Mark Carney

The powerful have their power.

But we have something too.

The capacity to stop pretending.

to name reality, to build our strength at home, and to act together.

That is Canada's path.

We choose it openly and confidently, and it is a path wide open to any country willing to take it with us.

Thank you very much.

First of all, last year you told me that you believed that the reason you won the election is because God put you in this place so that you could save the world.

Looking back one year, do you feel like God is proud of the effort that you've put in?

Watch.

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.

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.

So we placed the sign in the window.

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.