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Mark Carney: “We're doubling our defence spending by the end of this…”

Featuring: Mark Carney, Liberal | Prime Minister of Canada | International

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PM Mark Carney speaks at World Economic Forum in Davos – January 20, 2026

Published | Video Starts at 27:18

We have removed all federal barriers to interprovincial trade. We are fast tracking a trillion dollars of investments in energy, AI critical minerals. New trade corridors and We're doubling our defence spending by the end of this decade. And we're doing so in ways that build our domestic industries. And we are rapidly diversifying abroad. We've agreed a comprehensive strategic partnership with the eu, including joining safe the European defence procurement arrangements. (27:18–27:23)

CLAIM

Asserts that Canada is doubling its defense spending by the end of the decade.

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