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Carney Launches Toronto Investment Summit to Seek $1 Trillion Over Five Years

The event signals a push to reverse years of capital outflows.

Overview

  • The prime minister announced Friday a Toronto summit for Sept. 14–15 that targets $1 trillion in investment over five years.
  • The federal government will co-host the gathering with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.
  • Invitations went to about 100 major investors, including firms such as BlackRock and sovereign wealth funds like Singapore’s GIC.
  • The pitch presents Canada as a reliable place to fund energy, critical minerals, infrastructure, and AI and data centers.
  • Organizers have not confirmed who will attend or which specific projects will be on the table.