READ MORE: Carney seeks new US-Canada partnership as world undergoes 'rupture'

Speaking to the Economic Club of New York on Thursday, Prime Minister Mark Carney highlighted 'specific, practical proposals' Canada has made to the U.S. administration. Carney spoke about a new U.S. partnership 'with a different Canada, a stronger Canada, a more confident Canada.'

READ MORE: A strong Canada 'will help make America great again,' Carney tells New York business leaders

The speech Mark Carney delivered to the Economic Club of New York on Thursday was many things.

In the room, it was a stability balm amid a global drama: Canada is the reasonable, rational, trustworthy source of solutions, not problems.

“A country that’s predictable, reliable and principled in a world that’s anything but,” Carney said of Canada in his summation.

It was a call for a “new partnership” between Canada and the United States (presumably newer than the new one Donald Trump has fashioned from tariffs and annexation threats): “A partnership with a different Canada, a stronger Canada, a more confident Canada.”

READ MORE: Mark Carney’s Economic Diplomacy and the Battle for Canada

PM Carney in NYC: Prime Minister Mark Carney is in New York today to pitch Canada as an investment destination. He’ll be meeting with various business leaders and will deliver remarks at the Economic Club of New York where he will outline Canada’s new economic strategy and progress made so far. The visit comes ahead of the expected renegotiations of the CUSMA trade pact.

READ MORE: The Daily Chase: Attacks in Middle East rattle markets

Prime Minister Mark Carney will be in New York City later this week for meetings with investors, including CEOs, entrepreneurs, business leaders and capital managers. Carney will deliver remarks at the Economic Club of New York on Thursday, where he will outline Canada’s new economic strategy and the progress made so far.

READ MORE: The Daily Chase: Oil drops, stocks rally on Iran peace optimism

Carney is scheduled to visit New York City from May 27 to 28, according to a government announcement released Sunday. The trip will include meetings with CEOs, entrepreneurs and investment managers, along with remarks at the Economic Club of New York outlining Canada’s economic strategy.

READ MORE: Canadian Prime Minister Carney to visit New York to court investors

The Prime Minister will deliver remarks at the Economic Club of New York, where he will outline Canada’s new economic strategy and the progress made so far.

READ MORE: Prime Minister Carney to position Canada as an investment hub with visit to New York City

Speaking at the Economic Club of New York on Thursday, Ramji referenced back to 1975, when Vanguard founder Jack Bogle ‘democratized’ investing by offering index funds with low-cost entry points that were affordable to those beyond the uber-wealthy. To make the comparison, Ramji categorized financial advisors as a ‘luxury good,’ noting that only one in 8-to-10 Americans receive any financial advice.

READ MORE: Vanguard CEO: AI could bring advice to the masses

Vanguard’s boss has warned that prediction markets have become “a form of financial exploitation”, as concerns mount about widespread use of betting platforms and potential risks of manipulation.

Salim Ramji, Vanguard’s chief executive, told an audience at the Economic Club of New York on Thursday that there was a “really important distinction between investing and gambling”. “You have too many platforms out there that are focused on engagement, and not focused on outcomes.

READ MORE: Vanguard chief warns of ‘financial exploitation’ by prediction markets

CEO of Franklin Templeton Jenny Johnson speaks during an Economic Club of New York luncheon, in Palm Beach, Florida, U.S., April 21, 2026.

READ MORE: CEO of Franklin Templeton Jenny Johnson speaks during an event in Palm Beach, Florida

Speaking at the Economic Club of New York, Franklin Templeton CEO Jenny Johnson made the case that evergreen fund managers should hold their ground amid the private credit exodus. 

READ MORE: Franklin CEO: Reports of software's demise are greatly exaggerated

The chief economist of Exxon Mobil, which is dependent on the Middle East for much of its oil-and-gas production, said the energy market shock from the ongoing war with Iran is structurally similar to the Arab oil embargo in 1973.

“When I look back on past recessions..., I think one can see similarities to 1973 in the sense that you’re talking about physical barrels, physical cubic feet that aren’t flowing,” Tyler Goodspeed said during a discussion at the Economic Club of New York.

READ MORE: ‘One Can See Similarities to 1973,’ Exxon Mobil Economist Says of Iran Oil Shock

"I think by 2027 the scrutiny on operating expenses from Wall Street is going to be super-intense, probably by the back half of this year ... because you're going to be able to figure out which organizations are optimizing on using this technology or not," Circle (CRCL) co-founder and CEO Jeremy Allaire said last week in a Yahoo Finance interview at the Economic Club of New York. "I do think it will impact the labor market in the near term."

READ MORE: 'Dr. Doom' on the outlook for jobs: AI will cause 'massive shedding'

"I think by 2027 the scrutiny on operating expenses from Wall Street is going to be super-intense, probably by the back half of this year ... because you're going to be able to figure out which organizations are optimizing on using this technology or not," Circle (CRCL) co-founder and CEO Jeremy Allaire said Tuesday night at the Economic Club of New York. "I do think it will impact the labor market in the near term."

READ MORE: AI is starting to look terrifying if you have a job

"Effectively, AI agents will replace a huge percentage of work that's currently performed by humans on a massive scale," Circle (CRCL) co-founder and CEO Jeremy Allaire told me Tuesday night at the Economic Club of New York in an hour long conversation.

READ MORE: Circle CEO: AI agents will replace work performed by humans 'on a massive scale'

Speaking at the Economic Club of New York, Jeremy Allaire, the CEO of stablecoin company Circle, said that “AI agents will replace a huge percentage of work that’s currently performed by humans on a massive scale,” especially in white-collar jobs. Interestingly, the data is pointing in a similar direction. Indeed, Goldman Sachs expects the U.S. unemployment rate to rise to 4.5% by the end of the year, partly due to AI.

READ MORE: ‘AI Agents Will Replace a Huge Percentage’ of Human Work, Says Circle (CRCL) CEO

Retired US Army General David Petraeus, who commanded missions in Iraq and Afghanistan, told the Economic Club of New York that Iran has “a very resilient regime” with about a million armed men to keep up the fight, which muddies any calculation on when the conflict could end.

READ MORE: Trump Seeks De-Escalation After Iran, Israel Trade Strikes

Circle (CRCL) has one of the hottest stocks this year — and founder and CEO Jeremy Allaire is well aware of the strong price action.

"The Street is starting to get us," Allaire told me on Tuesday night at the Economic Club of New York.

Allaire pointed to investors' growing understanding that Circle is becoming key to the reinvention of the archaic global financial system — and that it's not just a play on crypto adoption. He also pointed to the company's strong fourth quarter results as evidence of its momentum.

READ MORE: Circle CEO explains what's behind the stock's explosive gains

Patrick Witt, White House Executive Director for Digital Assets, speaks during an event at the Economic Club of New York on March 02, 2026 in New York City.

READ MORE: GENIUS Act Stablecoins Could Result In Banking Boom, Says White House Advisor

Speaking at the Economic Club of New York, Patrick Witt, executive director of the President’s Council of Advisers for Digital Assets, said there is “some bipartisan support” for legislation to codify the US Strategic Bitcoin Reserve, even if the timing may slip beyond the current Congress.

READ MORE: US Strategic Bitcoin Reserve Gains Bipartisan Backing, Says White House Advisor