Carney’s investment summit to be met with protests

Protests are expected at the prime minister's high-stakes investment summit in Toronto, designed to attract new investment to Canada. The summit, a cornerstone of Mark Carney's strategy to stimulate $1 trillion in investment over five years, brings together hundreds of executives and global asset managers. Demonstrators, including labor unions, Indigenous leaders, and climate and housing advocates, plan to mobilize on Monday, holding a banner that reads "The Many vs. The Money" and threatening "direct intervention" with attendees.

They reject Carney's plan to entrust Canada's economic future to CEOs, expressing concerns about the future of public services, pipelines, and arms manufacturing. Ontario Premier Doug Ford, whose event kicks off Sunday evening with brief remarks at the summit's welcome reception, highlights 15 major projects in Ontario up for offer, such as energy production, transmission, critical minerals, mining, AI, and advanced manufacturing.

Ford asserts that Ontario is one of the most investable places worldwide, emphasizing that the province has what the world needs and will ensure the world knows it.