Canada warns era of free trade and investment is over

Canada’s Prime Minister Mark Carney told an Asia-Pacific forum that the long era of rules-based open trade and investment has ended, marking a tectonic shift in the global economic order. The remarks come amid rising protectionism, supply-chain realignment and geopolitical fragmentation of markets. The statement underscores that companies and policymakers must now navigate a world where cross-border capital and goods flows face increasing structural barriers. Corporate strategists say the message signals the need to reassess global expansion models and supply-chain dependencies.