King Charles: Canada faces ‘critical moment’ as global trading system shifts

By Canadian Press on May 27, 2025.

OTTAWA — King Charles III says Canada faces a “critical moment” as the system of global trade that made it prosper undergoes a shift.

Delivering the speech from the throne in Ottawa this morning, the King says Canada faces “unprecedented challenges” as the world changes and as relationships with key allies come under pressure.

King Charles says the world is now “a more dangerous and uncertain place” than at any point since the Second World War.

He says that while Canadians feel anxious about the future, the moment also brings an “opportunity for renewal.”

The speech from the throne, which lays out the federal government’s policy agenda, officially opens the new Parliament following the April election.

This is the first time that a sitting British monarch has delivered a throne speech in Canada in nearly 50 years.

This report by The Canadian Press was first published May 27, 2025.

The Canadian Press

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