The Most Important Foreign Policy Speech in Years
The Ezra Klein Show
New York Times Opinion
4.3 • 14.5K Ratings
🗓️ 27 January 2026
⏱️ 75 minutes
🧾️ Download transcript
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| 0:00.0 | The |
| 0:07.0 | The At Davos last week, Mark Carney, the Prime Minister of Canada, gave a speech that sent shockwaves through the international community. |
| 0:42.3 | Let me be direct. We are in the midst of a rupture, not a transition. |
| 0:47.3 | Canadians know that our old, comfortable assumptions that our geography and alliance memberships automatically conferred prosperity |
| 0:55.0 | and security, that assumption is no longer valid. |
| 0:59.0 | We know the old order is not coming back. |
| 1:03.0 | We shouldn't mourn it. |
| 1:05.0 | Nostalgia is not a strategy. |
| 1:08.0 | But we believe that from the fracture we can build something bigger, better, stronger, |
| 1:13.2 | more just. To understand why this speech has been such an international relations earthquake, |
| 1:21.0 | I think you need to understand something about him. Karnie is as establishment as you get. He is a |
| 1:26.4 | technocrat's technocrat, former governor of the Bank of Canada, former governor of the Bank of England. |
| 1:33.2 | For Carney, this kind of figure to come out at Davos in front of all those assembled government elites and business elites at this moment when Trump is threatening tariffs on Europe |
| 1:46.1 | in order to take over Greenland. |
| 1:48.3 | For him to come out and say |
| 1:49.2 | that we are living in a rupture, |
| 1:52.1 | that the old order in which |
| 1:54.7 | you could have values-based relationships |
| 1:57.7 | with the United States of America is over. |
| 2:00.4 | For Carney, the leader of Canada, America's both geographically and in many ways spiritually |
| 2:06.6 | closest ally to say this, that is a break point. |
| 2:10.8 | I think that's a moment a week that's going to be remembered for a long time. |
... |
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