Carney gambles on the world’s biggest investors betting on Canada
It’s been a little over 18 months since Canadian Prime Minister Mark Carney said his country’s relationship with the United States, based on over a century of tight economic and military cooperation, was “over”. Trade talks collapsing, tit-for-tat tariffs, and Donald Trump’s talk of making Canada a “51st state” have all fuelled this bitter feud [...] The post Carney gambles on the world’s biggest…
Canadian Prime Minister Mark Carney is in the midst of an investment summit in Toronto, aiming to attract the world's wealthiest asset managers and business leaders to invest in Canada. For the past 18 months, Canada's relationship with the United States has been tense due to economic disputes, tariffs, and geopolitical tensions.
The summit brings together over 100 global investors overseeing more than C$100tn in assets, including sovereign wealth funds from the United Arab Emirates and Norway. Carney hopes to pitch Canada's energy, resource sectors, political stability, and potential in AI, defence, transportation, and infrastructure projects. Despite challenges, including lengthy project approvals and a need for foreign investors to believe in Canada's investability, Carney believes his background in global finance and relationships with top business leaders will give him an edge in securing investments.
Written by urgent.news from KahawaTungu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
