Carney names Dominic Barton as chair of Invest in Canada, replaces CEO
The agency will take on a more ambitious role to attract $500 billion in new private-sector capital over five years, the Prime Minister’s Office said.
- On Monday, Prime Minister Mark Carney announced a leadership overhaul at Invest in Canada, appointing private equity executive Gurinder Grewal as CEO and former diplomat Dominic Barton as board chair.
- The federal body assumes a "new, more ambitious" role, with Ottawa targeting $500-billion in private-sector capital and $1-trillion of total investment in Canada over five years.
- Grewal, founder of MEM Growth Partners, replaces outgoing CEO Laurel Broten, while Barton, a former McKinsey managing partner and ambassador to China, assumes the board chair role.
- These changes arrive two weeks before Carney's inaugural investment summit in Toronto, where he will assemble foreign investors and domestic fund heads to pitch Canadian projects.
- Minister Dominic LeBlanc accepted the resignation of Broten, who was appointed under the previous Liberal government, as the agency transitions to its new leadership structure starting Sept. 1.
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Gurinder Grewal appointed Chief Executive Officer of Invest in Canada
Indo-Canadian Voice Gurinder Grewal appointed Chief Executive Officer of Invest in Canada posted by: Rattan MallPRIME Minister Mark Carney on Monday appointed Gurinder Grewal as Chief Executive Officer of Invest in Canada. He will hold the position on a full-time basis for a term of five years. The federal government says it is focused on building a stronger, more resilient, more independent Canadian economy that is not reliant on any single tra…
The senior official in charge of attracting foreign investment to Canada resigned a few weeks before a high-profile summit aimed specifically at this goal.
St Catharines Standard
CP Carney names Dominic Barton as chair of Invest in Canada, replaces CEO
OTTAWA - Prime Minister Mark Carney is overhauling the leadership of the federal agency responsible for attracting foreign investment just weeks before a high-profile summit aimed at doing just that.
meadowlakeNOW
Invest in Canada’s chief executive resigns weeks before investment summit
OTTAWA — The top bureaucrat in charge of attracting foreign investment to Canada has quit weeks before a high-profile summit aimed at doing exactly that. Laurel Broten, a former Ontario cabinet minister, is set to resign as chief executive officer of I...
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