The Globe and Mail reports in its Saturday edition that corporate leaders and chief executive officers are backing Prime Minister Mark Carney's assertion that Canada needs to reposition itself as the world order ruptures. A four-bylined item led by James Bradshaw says that C-suites across Canada were buzzing about Mr. Carney's headline-making moment on the world stage in Davos, Switzerland, on Tuesday, where he called on middle powers to band together against economic bullying, "coercion" and "subordination" by major powers. CEOs called his speech on Tuesday a galvanizing moment for Canada. They heard an appeal to be deliberate about where they deploy capital, by backing Canadian projects and diversifying their relationships and investments not only with existing allies, but also less obvious partners in the Middle East and China. Gord Nixon, board chair of Bell Canada parent BCE and former CEO of Royal Bank of Canada, called it "a seminal speech. ... His call to action is one of pragmatism," Mr. Nixon said in an interview. "His message was, 'Look, the dynamics of the world have changed, and we're not going back.' You can't just sit back and say we're going to pretend the world's going to return to the way it was."
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