|  Carney’s “new world order” speech At the World Economic Forum, Prime Minister Mark Carney delivered a speech that was expected to address what he has called the “new world order.” The annual event in Davos, Switzerland, sees thousands of government and business leaders gather and this year, came as U.S. President Donald Trump was pushing to acquire Greenland for what he called “national security” purposes. This was widely rejected by NATO member nations including Canada, and Trump threatened tariffs on NATO countries that didn’t support his ambitions, which triggered a stock market sell off on Wall Street. Carney didn’t mention Trump or the United States directly in his speech, but described a world where economic power is being used as a weapon and means of coercion. “More recently, great powers have begun using economic integration as weapons, tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited,” said Carney. “We are in the midst of a rupture, not a transition." The speech stood out to many, including Trump himself, who had choice words for Carney in his own speech at the event the following day. Read more including the full transcript of Carney’s speech.  Food prices spiked again Consumer prices increased again last month, with food prices continuing to chomp at the wallets of Canadians. Statistics Canada says December saw overall prices for goods and services increase 2.4 per cent compared to a year earlier — up from 2.2 per cent in November. Prices for food purchased in stores increased five per cent — more than double the overall average. This comes as Canadians continue to grapple with the heightened cost of living, as even necessities like food keep getting more expensive. Read more about what specific food items and other goods are getting more expensive.  Canadian travel to the U.S. keeps falling As the trade war and tariffs continuing to impact the Canadian economy, and Trump repeats comments that Canada should become the “51st” state, Canadians are still actively avoiding travel to the United States, according to the latest data. Statistics Canada says November 2025 saw return trips to the U.S. by Canadian residents fall over 23 per cent compared to a year earlier, and continuing a trend seen throughout most of last year. As the numbers are compared year-over-year, the change is becoming less pronounced when we consider where things stood with the U.S. administration in late 2024, when Trump won the election. Although travelling less to the U.S., Canadians were travelling more overseas in November 2025, and the data shows that’s becoming a more popular option. Read more about Canadian travel trends and where things may be heading. | 
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