{"id":610263,"date":"2026-04-17T13:24:08","date_gmt":"2026-04-17T13:24:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/610263\/"},"modified":"2026-04-17T13:24:08","modified_gmt":"2026-04-17T13:24:08","slug":"canada-to-host-investment-summit-in-toronto-in-september-carney-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/610263\/","title":{"rendered":"Canada to host Investment Summit in Toronto in September, Carney says"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/EWAHHM5IBRHXZCJ5SQVQIKJY7A.JPG?auth=c396b7c5f37a1d530ad4fe0921ff9ba1808faddc620485a01c23f747f012734b&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">The federal government announced Friday that Toronto will be the host of the first Canada Investment Summit in September.Frank Gunn\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Prime Minister <a href=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/topics\/mark-carney\/\">Mark Carney<\/a> is inviting some of the world\u2019s largest investors to a summit in Toronto in September as Ottawa expands its pitch to attract more foreign investment to Canada. <\/p>\n<p class=\"c-article-body__text text-pr-5\">On Friday, Mr. Carney\u2019s office announced it will hold the first Canada Investment Summit on Sept. 14 and 15. The gathering is intended to draw some of the world\u2019s largest investors, including top chief executives, business leaders and entrepreneurs. <\/p>\n<p class=\"c-article-body__text text-pr-5\">It will be co-hosted by two of the country\u2019s largest pension fund managers, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, which together manage nearly $1.1-trillion in assets.<\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cCanada has what the world wants,\u201d Mr. Carney said in a statement that promotes the country\u2019s energy resources, critical mineral deposits and high levels of education, among other assets. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The summit is intended to \u201ccapitalise on those advantages to help drive billions of new investments into Canada,\u201d he added.<\/p>\n<p class=\"c-article-body__text text-pr-5\">For months, Mr. Carney and other government and business leaders have been travelling abroad to pitch Canada as a reliable destination for investment that still has direct access to the U.S. market, in spite of continuing upheaval in trade. <\/p>\n<p class=\"c-article-body__text text-pr-5\">That included a trip to the United Arab Emirates in November, when the UAE <a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-carney-uae-visit-critical-minerals-deal\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/politics\/article-carney-uae-visit-critical-minerals-deal\/\">pledged to invest $70-billion<\/a> in Canada. <\/p>\n<p class=\"c-article-body__text text-pr-5\">In April, Finance Minister Fran\u00e7ois-Philippe Champagne visited Beijing with Canadian business leaders and the two countries <a href=\"https:\/\/www.theglobeandmail.com\/politics\/article-canada-china-sign-pledge-in-beijing-to-deepen-financial-sector-ties\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/politics\/article-canada-china-sign-pledge-in-beijing-to-deepen-financial-sector-ties\/\">signed a joint statement<\/a> intending to deepen financial-sector ties. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Ottawa promised in its most recent federal budget to spur more than $1-trillion in total investment from public, private and institutional partners over five years. <\/p>\n<p class=\"c-article-body__text text-pr-5\">\u201cThis forum is a powerful opportunity to bring the world\u2019s leading investors together here, at home, to spotlight Canada\u2019s long-term strengths and investment opportunities, and to help catalyse new relationships and partnerships that can drive increased investment into our country,\u201d PSP Investments CEO Deborah Orida said in a statement. <\/p>\n<p class=\"c-article-body__text text-pr-5\">CBC News first reported the creation of the summit on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The federal government announced Friday that Toronto will be the host of 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