Carney has been making feel good noises and promises for the last year. He hasn't accomplished anything in respect to those promises. The only thing that seems to have gained traction is that ridiculous high speed rail. Which is now totally bogged down with accusations of nepotism and conflicts of interest by liberals before there was a shovel in the ground.
Will this generate any love from you? I agree that 'deeds' not 'words' are required. This falls into the 'deeds' category. If they are able to pull off bringing 100 'Tier 1' level investors, then this is a major achievement. Look for Trump to all that he can to bash this, belittle this, create an atmosphere to stop this from happening.
OTTAWA — Prime Minister Mark Carney on Friday announced a new “Canada Investment Summit” that will invite investors, CEOs and business leaders to Toronto this fall. In a media release, the Prime Minister’s Office said the goal of the summit is to pull in $1 trillion in investment over the next...
toronto.citynews.ca
Carney announces new summit in Toronto aimed at attracting $1 trillion in investment
A recent RBC report said Canada pulled in more than $100 billion in foreign direct investment last year for the first time since 2015.
The Prime Minister’s Office says the summit will be held on Sept. 14 and 15 in partnership with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.
Carney's pitch to unlock trillions in global investment
CBC News has learned Prime Minister Mark Carney has invited 100 of the world's biggest investors to a summit in Toronto this September. The conference aims to pitch organizations that control trillions of dollars in capital on investing in Canada.
The organizations include private investment firms such as Blackrock and some of the world's biggest sovereign wealth funds, including Singapore's GIC. Invitations were sent out this week, and none of the invited parties responded to CBC News before publication.
"Foreign direct investment in Canada reached the highest level since 2007, while Canada's outward investment flows cooled in 2025," wrote Maria Solovieva from TD Economics.
"If we don't get our resources out of the ground expeditiously in an investment-friendly regulatory climate, we are going to miss this window one more time, and I don't know how lucky of a country we think we are, but we don't have the nine lives of a cat," he said.
The summit is set to be held in Toronto in mid-September. Invitations under Carney's name have been sent out. It's being co-hosted by the country's two biggest pension plans, CPPIB and PSP, in collaboration with Invest in Canada, an agency that promotes foreign direct investment in Canada