Carney, premiers pitching major projects at first investment summit

Prime Minister Mark Carney welcomed investors to Toronto for the first-ever Canada Investment Summit aimed at attracting new investment to Canada. Over two days, hundreds of executives and global asset managers will be presented with opportunities in sectors such as energy, infrastructure, and critical minerals. Carney stated that energy, resources, talent, technology, and capital are Canada's greatest strengths, with trust being its most valuable asset.

Carney, cabinet members, and premiers from across the country will pitch investors on various projects during the summit. He teased that several deals have already been signed and emphasized Canada's ability to build more, trade more, and create sustainable prosperity. Ontario Premier Doug Ford highlighted that invitees came from various countries, including Kuwait, Malaysia, and Norway, and announced that 15 major projects in Ontario are up for offer, such as energy production and mining.

While the summit aims to attract investments, civil society groups are concerned about exacerbating global crises. Demonstrators, including labor unions, Indigenous leaders, and climate advocates, will protest the summit, rejecting Carney's plan and expressing worries about public services, pipelines, and arms manufacturing. Former Conservative prime minister Stephen Harper is set to deliver closing remarks at the event.