Prime Minister Carney to kick off first investment summit in Toronto
Carney is pitching 167 projects and a $1 trillion investment target as Canada seeks new capital amid U.S. trade tensions.
- On Monday, Canadian Prime Minister Mark Carney welcomed global investors to Toronto for a two-day summit aimed at securing $1 trillion in investment over five years to navigate Canada's economy through trade tensions with the United States.
- Carney seeks to broaden Canada's global footprint amid mounting U.S. tariffs, positioning the nation as a stable, predictable market to attract capital into energy, infrastructure, and critical mineral projects.
- The event hosts 100 major investors—including BlackRock Inc. CEO Larry Fink and Blackstone President Jon Gray—reviewing over 160 projects ranging from mining to AI-focused technology aimed at fostering growth.
- Outside the summit, demonstrators mobilized Monday with banners reading "The Many vs. The Money," while organizers rejected Carney's plan for "direct intervention," fearing the government will "auction off" public resources.
- While officials hope to foster "trust," government sources note major deals may take 12 to 18 months to materialize, as Carney emphasized the nation's greatest strength lies "something that cannot be found on any balance sheet: trust.
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The Prime Minister of Canada, Mark Carney, receives dozens of global investors in Toronto on Monday, in an attempt to attract investment for more than 160 projects that, according to him, are fundamental to driving the Canadian economy in the midst of the trade war with the United States.
TVA Nouvelles
Several major business leaders and financial players are gathered in Toronto on Monday for the Canadian Investment Summit.
Watch Canada’s Carney on Capital Investment, AI, US Trade
Canadian Prime Minister Mark Carney talks about efforts to increase foreign investment in the nation, seeking coordination on artificial intelligence safety, and the state of trade with the United States. He joins Bloomberg News' Ottawa Bureau Chief Brian Platt ahead of the country's first national investment summit in Toronto.
Carney to host first Canada Investment Summit as banks pledge billions and critics point to regulatory burden
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