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Canada Investment Summit Aims to Draw Trillions in Foreign Capital

Prime Minister Mark Carney is set to host global investors in Toronto to pitch 167 major projects and boost business investment.

Sources: The Logic, The Globe and Mail, Narcity, Kahawa Tungu4 sources|· updated· 1 min read
Canada Investment Summit Aims to Draw Trillions in Foreign Capital
Photo: The Logic

KEY POINTS

  • Canada Investment Summit takes place in Toronto on September 14 and 15.
  • The prospectus includes 167 projects across sectors like energy, mining, and infrastructure.
  • Prime Minister Mark Carney targets one trillion dollars in investments over five years.
  • Provincial premiers, including Danielle Smith and Scott Moe, will pitch local projects.

Prime Minister Mark Carney will gather global and domestic investors in Toronto for the country's first national investment summit. The event aims to address Canada's long-standing lack of business investment, which experts cite as a drag on productivity and economic growth.

Organized by the Prime Minister's Office alongside major pension funds, the summit seeks to catalyze one trillion dollars in investments over five years. The gathering comes amid escalating trade tensions with the United States following a feud over tariffs.

It’s a choice opportunity, when you’re getting this type of a group together, to hear directly from the people at the helm about what’s happening and what’s going to change.

David Layton

A prospectus obtained for the event features 167 projects, highlighting conventional energy, clean energy, mining, infrastructure, and advanced technology. Key proposals include the Trans Mountain West Coast Oil Pipeline, the Ksi Lisims LNG project, and the Wind West offshore transmission initiative.

Provincial leaders are also bringing targeted agendas to the summit. Alberta Premier Danielle Smith plans to present 34 proposed projects, while Saskatchewan Premier Scott Moe will focus on energy, critical minerals, defence, and agriculture.

New Brunswick Premier Susan Holt will pitch multiple regional developments, including a port expansion, a data centre in Lorneville, and the Mactaquac power plant rehabilitation project. Attendees will include global pension funds and asset managers from around the world.

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