Rio’s Barton joins Carney’s $1T investment drive
High-profile executive and former diplomat Dominic Barton will lead the federal agency charged with promoting foreign investment in Canada.
Canadian Prime Minister Mark Carney has appointed Rio Tinto chair Dominic Barton to lead Invest in Canada's board, alongside Gurinder Grewal as CEO. The pair will work to attract C$1 trillion in investment over the next five years to bolster Canada's economy. Barton, who has extensive experience in mining, energy, and investment, chairs Rio Tinto and has a background at McKinsey & Co. and as Canada's ambassador to China.
Grewal, CEO of MEM Growth Partners, brings over 25 years of experience in energy, industrials, infrastructure, and technology. The appointments aim to strengthen the federal agency's role in attracting foreign capital for critical minerals, energy, and major infrastructure projects.
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