Without naming the United States, Carney argued that tariffs, financial infrastructure, and supply chains are being deployed by major powers to exert leverage even over close allies. His remarks come amid renewed U.S. assertiveness in the Western Hemisphere and growing trade tensions, including disputes linked to Washington’s stated interest in Greenland. Carney said Canada must strengthen its domestic economic resilience and work closely with like-minded nations to counter what he described as rising economic coercion.