Canada courts $1 trillion with mining at centre of pitch
More than a third of Ottawa’s 167 investment opportunities involve minerals and mining as Canada courts global capital.
Canada is actively courting $1 trillion in global investment, with mining playing a central role in the country's pitch. Prime Minister Mark Carney is bringing together over 100 of the world's largest investors to the first Canada Investment Summit in Toronto, where more than a third of the 167 projects being showcased involve minerals and mining.
The broader portfolio encompasses energy, infrastructure, manufacturing, and technology. The push for investment stems from escalating trade tensions with the US, which has prompted Canada to diversify its economic relationships and find new markets for its resources. However, attracting investors is just one part of the challenge; Canada must also demonstrate its ability to quickly permit, finance, and build major projects to compete for global capital.
Brief written by urgent.news from Mining.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
