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Indo-Canadian exec made CEO of Invest in Canada

The Canadian government appoints Dominic Barton and Gurinder Grewal to drive $1 trillion in investments and strengthen the economy over five years.

Indo-Canadian exec made CEO of Invest in Canada

The Canadian government has appointed an Indo-Canadian executive, Gurinder Grewal, as the new CEO of Invest in Canada, a role crucial to achieving Prime Minister Mark Carney's goal of attracting $1 trillion in total investment to the country over the next five years. Grewal, who has over 25 years of experience in the energy, industrials, infrastructure, and technology sectors, will lead the organization as its CEO for a five-year term.

Dominic Barton, a former Canadian ambassador to Beijing and chair of Rio Tinto and LeapFrog Investments, has been appointed as the new chair of the Board of Directors of Invest in Canada. Both Barton and Grewal will work together to catalyze billions of dollars in new investment for Canadian energy, critical minerals, artificial intelligence, and infrastructure projects.

Grewal's task will be to guide investors from initial interest to actualizing projects, particularly in the high-growth sectors of energy, industrials, infrastructure, and technology. The appointment of these executives comes amid a trade war between Canada and the United States, highlighting the government's focus on building a stronger, more resilient, and independent Canadian economy that is not reliant on a single trading partner.

Written by urgent.news from Hindustan Times - World News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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