Carney to Showcase Canada’s Capital Agenda at First-Ever Investment Summit
BMO will deploy up to $70 billion over 10 years, while Ontario Teachers plans $10 billion more in domestic investments and other lenders add new funds.
- Prime Minister Mark Carney will host the inaugural Canada Investment Summit in Toronto early next week, as major financial institutions pledge billions in new domestic financing to support economic growth.
- This summit manifests Prime Minister Carney's 18-month-old agenda to "catalyze" $1 trillion in investments over five years, aiming to rebuild the Canadian economy through a 'build-first' tone shift.
- Bank of Montreal pledged up to $70 billion over 10 years for critical sectors, while Ontario Teachers' Pension Plan announced an additional $10 billion investment by 2027 for domestic infrastructure.
- Despite aggressive United States tariff tensions, investors remain interested in Canada. Analyst Nanji noted projects targeting markets outside the United States may mitigate trade risks for potential investors.
- Jeremy Kronick, president and CEO of the C.D. Howe Institute, cautioned that regulatory processes remain "harder to change," and interprovincial trade barriers continue creating uncertainty for investors.
12 Articles
12 Articles
Mark Carney will present the Canadian Investment Program at a summit on Monday and Tuesday.
The city of Toronto will receive on Monday the leaders of the world's largest investment firms. They were convened by Prime Minister Mark Carney, who wants to generate 1,000 billion foreign investments in the country over the next five years, an initiative in which Quebec will play a rather modest role.
The Toronto Star
Carney to showcase Canada’s capital agenda at first-ever investment summit
OTTAWA - Prime Minister Mark Carney will gather scores of deep-pocketed investors in Toronto next week in a bid to fix Canada's "Achilles heel" — a persistent lack of business
Prime Minister Mark Carney is about to welcome some of the world's largest investors to Toronto next week as he seeks to raise the capital needed for the implementation of his economic agenda. Hundreds of international asset managers will meet with Mr. Carney, his government's ministers, and provincial premiers [...]
Coverage Details
Bias Distribution
- 62% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
