Canada Stands Firmly With Greenland, Carney Says

Watch on YouTube ↗  |  January 20, 2026 at 17:17  |  1:51  |  Bloomberg Markets
Speakers
Mark Carney — Former Governor of the Bank of England/Bank of Canada, Canadian Politician

Summary

Canadian Prime Minister Mark Carney addressed the World Economic Forum in Davos on Arctic sovereignty. He expressed support for Greenland and Denmark, opposed tariffs over Greenland, reaffirmed NATO Article 5, and described Russia as a real Arctic threat. He outlined Canadian and NATO investments in radar, submarines, aircraft, and ground forces to secure the Arctic. No specific investment or trading ideas were named.

  • Mark Carney spoke at Davos about Arctic sovereignty.
  • Canada supports Greenland and Denmark's right to determine Greenland's future.
  • Canada opposes tariffs over Greenland and calls for focused talks.
  • Carney reaffirmed NATO Article 5 and allied work to secure northern and western flanks.
  • Russia was described as a real and ongoing Arctic threat.
  • Canada is investing in over-the-horizon radar, submarines, aircraft, and boots on the ground.
  • Carney said the Arctic threat is more prospective than actual and aims to keep it that way.
Up Next