Based on recent reports from the World Economic Forum in Davos (January 2026), Mark Carney, in his role as Prime Minister of Canada, stated that Canada and the Nordic countries combined represent 20% of the world's GDP. This assertion is widely considered a significant overstatement of their combined economic weight. Actual Data: Canada's share of global GDP is approximately 1.2% to 1.3%. Even adding the Nordic countries (Sweden, Norway, Denmark, Finland, Iceland), the total is nowhere near 20% of the global economy.