Carney: Middle Powers Must Build Tech Strength

0:00From Sydney, this is your March 4th update. Canada's Prime Minister Mark Carney warned that middle powers have become too dependent on big countries for key technologies. He called on nations like Canada and Australia to team up, build their own strengths in areas like artificial intelligence, clean energy, and computing and protect free trade along with human rights. This came in a speech at Sydney's Lowey Institute. Earlier this week, Carney built on ideas from his January talk in Davos, where he said the old global order is done. He stressed creating supply chains that do not leave countries weak against dominant players or big tech firms controlling vital sectors. These comments highlight real risks for countries like ours, sparking talk about stronger ties. Carney pointed to huge potential in working together on critical minerals, where Canada and Australia could form the biggest stockpile among trusted. He also pushed for more defense cooperation to cut reliance on others. Expect new deals on minerals during Carney's visit to Canberra today.

1:03Canada is spending billions to boost its military and shift away from heavy dependence on American suppliers, where about 70% of spending. Now goes south of the border. Meanwhile, Carney noted middle powers like Europe, Australia, Canada, Japan, and South Korea hold massive economic clout, with a bigger combined. Economy, then the United States and top research spending worldwide. He urged smart engagement with leaders like Trump and C, balancing firmness with private talks, while addressing security threats from abroad. This episode is brought to you by our sponsor. See the episode description. When you need a moment alone, just lay back and listen.