Canadian Prime Minister Mark Carney welcomes dozens of global investors to Toronto this week, hoping to lure investments for more than 160 projects that he says are key to steering Canada’s economy through a trade war with the United States.
Confirmed attendees, many from the former Goldman Sachs executive and central bank chief’s personal rolodex, include BlackRock CEO Larry Fink and Blackstone President Jon Gray from the United States, as well as Singapore fund Temasek’s CEO Dilhan Pillay and Dutch pension fund APG Groep’s CEO Annette Mosman, according to a source with knowledge of the event.
Mr. It pitches Canada as a stable and predictable market poised for long-term economic growth. The Carney government’s priorities mark a departure from those of his predecessor Justin Trudeau, a fellow Liberal who focused more on human rights, climate change and Indigenous issues.
The two-day summit, which begins on Monday (September 14, 2026), will kick off discussions for future investments, although major deals could take 12 to 18 months to materialise, a government source said. Carney has pledged to attract investments of C$1 trillion ($721 billion) in the next five years by cutting red tape and developing mining, energy, technology and infrastructure projects. Carney said at a welcome reception on Sunday (September 14, 2026). The summit aims to match some 100 global investors with Canadian CEOs, companies and local officials to facilitate investments or partnerships. Canada’s foreign direct investment flows have been steadily rising since 2022, government data shows, with a quarterly average around C$23 billion in 2024 and 2025, and C$20 billion so far this year. That compares with C$16.3 billion in 2023 and C$15 billion in 2022.
“The world’s largest investors, managing over C$120 trillion dollars of assets, will come to ‘peer into our shop window’ because the world is looking at Canada differently,” Mr. The projects are in various stages, from concept stage to shovel-ready, according to a copy of a prospectus seen by Reuters. “This investment summit is falling at a very critical time in which Canada represents a window of stability,” Erik Peterson, managing director of Kearney’s Global Business Policy Council, said.
