TORONTO -- Mark Carney built a global profile in 2026 by standing up to U.S. President Donald Trump. If some prediction-market traders and prominent admirers are right, the Canadian prime minister could end the year with the Nobel Peace Prize and Time magazine’s Person of the Year.Carney briefly became the favorite Monday for the 2026 Nobel Peace Prize on Kalshi, a U.S.-based prediction market, when traders on the exchange put his chances at 14%. His odds later fell, illustrating the highly speculative nature of the wagering. There is no public evidence Carney is on the Nobel Committee’s secret shortlist for the prize that will be announced Oct. 9 in Oslo, Norway. But the buzz about the Canadian leader possibly winning the esteemed peace prize reflects the message that has raised his profile: Middle powers should band together to defend sovereignty as great powers increasingly use economic and military leverage. Whether that position resonates with the Nobel Committee is impossible to know. One thing is certain, though: the Nobel and Time's annual award happen to be two honors Trump covets. Carney and Trump are locked in an escalating trade war, with 50% U.S. tariffs on billions of...

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