Business leaders endorse Carney's Davos warnings, but fret about blowback [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
The C-suites across Canada were buzzing about Mr. Carney's headline-making moment on the world stage in Davos on Tuesday, where he called on middle powers to band together aBusiness leaders endorse Carney's Davos warnings, but worry about blowbackgainst economic bullying, “coercion” and “subordination” by major powers. Video Prime Minister Mark Carney gave a speech at the World Economic Forum that blamed U.S. President Donald Trump, without naming him, for what Carney described as a rupture in global relations. Gord Nixon, chair of the board of Bell Canada parent BCE Inc. 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.” Yet the pride and patriotism rippling across Bay Street was mixed w
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