{"id":896457,"date":"2026-09-15T08:58:38","date_gmt":"2026-09-15T08:58:38","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/896457\/"},"modified":"2026-09-15T08:58:38","modified_gmt":"2026-09-15T08:58:38","slug":"over-1000-protesters-demonstrate-against-carneys-investment-summit-in-toronto","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/896457\/","title":{"rendered":"Over 1,000 protesters demonstrate against Carney&#8217;s investment summit in Toronto"},"content":{"rendered":"<p>More than 1,000 demonstrators gathered in downtown Toronto on Monday to protest against an investment summit organized by Prime Minister Mark Carney.<\/p>\n<p>The Canada Investment Summit, set for Monday and Tuesday in Toronto, is being hosted by Carney, who has invited over 100 of the world&#8217;s largest investors from around the world in the hopes of <a href=\"https:\/\/www.cbc.ca\/news\/business\/carney-investment-summit-explainer-9.7341009\" target=\"_blank\" rel=\"nofollow noopener\">securing $1 trillion<\/a> in investments in some <a href=\"https:\/\/www.cbc.ca\/news\/business\/investment-summit-prospectus-pitches-9.7339224\" target=\"_blank\" rel=\"nofollow noopener\">167 projects<\/a> across the country over the next five years.\u00a0<\/p>\n<p>The prime minister is pitching Canada as a safe and reliable place for investment at a time of economic uncertainty, but some aren&#8217;t sold on outside investment yielding positive results for everyday Canadians.\u00a0<\/p>\n<p>Rachel Small, an organizer with World Beyond War, a non-profit that campaigns against conflict, said Canadians are struggling to afford rent and the cost of living, and need more investment in education, transit and health care.<\/p>\n<p>&#8220;Carney is doing the opposite of that,&#8221; she said. <\/p>\n<p>&#8220;He is selling our public resources without any guaranteed returns and at the same time growing industries that will push the world towards greater war and climate catastrophe.&#8221;<\/p>\n<p>&#8220;These billionaires make decisions behind closed doors in our city to decide our futures. Our future is not for sale,&#8221; Small said.\u00a0<\/p>\n<p>The protesters, a diverse group that includes representatives of labour unions, Indigenous leaders and climate and housing advocates, say they reject the idea of leaving Canada&#8217;s economic future in the hands of CEOs and worry about the future of public services, pipelines and arms manufacturing.<\/p>\n<p>On Monday evening, protesters gathered first in Nathan Phillips Square, then marched to a police barrier near the Art Gallery of Ontario (AGO), where the summit&#8217;s opening gala that was closed to the public and the media was being held. The crowd grew in size as it made its way to the AGO.<\/p>\n<p>Between 200 and 300 Toronto police officers were estimated to be in the area of the AGO to prevent protesters from breaking through the barricade.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" alt=\"Image_20260914_200025_429\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789462715_152_default.jpg\" style=\"aspect-ratio:1.7777777777777777\" data-cy=\"image-img\"\/>Protesters, including representatives of labour unions, Indigenous leaders and climate and housing advocates, say they reject the idea of leaving Canada&#8217;s economic future in the hands of CEOs and worry about the future of public services, pipelines and arms manufacturing. (Michael Cole\/CBC)<\/p>\n<p>Monday&#8217;s assembly of speakers gathered under the banner &#8220;The Many vs. The Money,&#8221; arguing the summit is designed to &#8220;auction off&#8221; Canadian public resources, according to its website. <\/p>\n<p>The crowd chanted, drummed and waved signs that urged investments in people, health care and the environment.<\/p>\n<p>AI spending, environmental impact, sovereignty among concerns<\/p>\n<p>&#8220;We&#8217;re here today because we represent young workers who want good jobs and a livable future,&#8221; said Hailey Asquin of the group Common Horizon.<\/p>\n<p>Asquin said her peers are not against investments but are concerned about spending on artificial intelligence, the military and fossil fuels.<\/p>\n<p>&#8220;We want to be part of building a Canada that we can be proud of, one that is a superpower in things like renewable energy and health care,&#8221; she said.<\/p>\n<p>Tom Deadman, a teacher from Ottawa, said he takes issue with Carney inviting executives from American companies in the midst of a trade war with the United States.<\/p>\n<p>&#8220;Our concern is that he is basically giving away massive parts of our public services to American CEOs,&#8221; he said.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" alt=\"Protesters hold a march in opposition to the Canada Investment Summit, organized by Prime Minister Mark Carney, in Toronto on Sept. 14, 2026.\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789462715_139_default.jpg\" style=\"aspect-ratio:1.5\" data-cy=\"image-img\"\/>Between 200 and 300 Toronto police officers were  estimated to be in the area of the AGO to prevent protesters from breaking through the barricade. (Evan Mitsui\/CBC)<\/p>\n<p>Kakeka ThunderSky, a member of Poplar River First Nation, travelled from Winnipeg to join the protest out of concern about fast-tracked environmental assessments and government policies that affect First Nations&#8217; land.<\/p>\n<p>&#8220;I came here \u2026 to confront Carney&#8217;s CEO summit to let them know that our lands and our resources are not on the chopping block for their profit and their benefit,&#8221; ThunderSky said.<\/p>\n<p>National sovereignty and the impact of various projects on the environment was also a prominent concern throughout the speeches.<\/p>\n<p>&#8220;Everybody worries about their own backyard. Our front yard is this entire planet and we must stand together to protect it.&#8221; said Wet\u2019suwet\u2019en Nation Hereditary Chief Na&#8217;Moks.\u00a0<\/p>\n<p>&#8220;They&#8217;re taking everything we survive on and are willing to sell it to foreign investors.&#8221;\u00a0<\/p>\n<p>&#8216;We would never compromise our national security&#8217;: Joly<\/p>\n<p>Federal Industry Minister M\u00e9lanie Joly, asked if the Canadian government is selling off Canada to foreign interests through the summit, said: &#8220;We would never do that. Why? Because, fundamentally, we always would work for Canadians and be able also to deliver for Canadians.<\/p>\n<p>&#8220;My job as minister of industry is to protect Canada&#8217;s interests through the Investment Canada Act,&#8221; Joly added.<\/p>\n<p>&#8220;Of course, we would never compromise our national security but fundamentally we are 42 million people and we don&#8217;t have enough capital to develop all of our companies and also to develop all of the infrastructure projects we need to develop the potential of this country. <\/p>\n<p>&#8220;So that&#8217;s why, like many other countries on Earth, we need to attract more foreign capital.&#8221;<\/p>\n<p>Joly said a successful summit would result in &#8220;good deals&#8221; and memorandums of understanding to show intent to do more deals. She said the government will see the impacts of the summit in three months to a year.<\/p>\n<p>WATCH | Carney invites investors to Toronto to discuss future partnerships:<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789462717_560_default.jpg\"  alt=\"\" class=\"thumbnail\" loading=\"lazy\"\/><\/p>\n<p class=\"video-item-title\">What is the Canada Investment Summit? Inside Carney&#8217;s investment summit in Toronto<\/p>\n<p>Hundreds of deep-pocketed investors have descended on Toronto for the first-of-its-kind summit. CBC\u2019s Clara Pasieka breaks down Prime Minister Mark Carney\u2019s pitch \u2014 and the pushback from critics.<\/p>\n<p>Meanwhile,  speaker Nik Barry-Shaw, trade and privatization campaigner for the Council of Canadians, which advocates for clean water, green energy and fair trade, referenced the <a href=\"https:\/\/www.cbc.ca\/player\/play\/video\/9.7053064\" target=\"_blank\" rel=\"nofollow noopener\">prime minister&#8217;s speech<\/a> to the World Economic Forum in Davos, Switzerland in January when he said: &#8220;If we&#8217;re not at the table, we&#8217;re on the menu.&#8221;<\/p>\n<p>&#8220;I&#8217;ve been looking around the table that Carney has set for this summer and I don&#8217;t see any of us at the table,&#8221; he said. &#8220;Does that mean we&#8217;re on the menu?&#8221;\u00a0\u00a0<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" alt=\"Man speaks at podium in front of city hall.\"   src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/09\/1789462718_454_default.jpg\" style=\"aspect-ratio:1.7777777777777777\" data-cy=\"image-img\"\/>Nik Barry-Shaw, trade and privatization campaigner for the Council of Canadians, speaks at a news conference at Toronto&#8217;s city hall organized by a coalition of local leaders in opposition of the Canada Investment Summit on Sept. 14, 2026. (Claude Beaudoin\/CBC)<\/p>\n<p>Ontario Premier Doug Ford said in a statement Sunday that he welcomes foreign investment, noting 15 major projects in the province &#8220;worth tens of billions of dollars&#8221; are set to be discussed. They range from mining to energy production and AI.<\/p>\n<p>&#8220;We are building an economy that can compete with anyone, anywhere,&#8221; he said in the statement. &#8220;That\u2019s going to be my message throughout the Canada Investment Summit.&#8221;<\/p>\n<p>&#8220;Ontario has what the world needs and we\u2019re going to make sure the world knows it.&#8221;<\/p>\n<p>Concerns over foreign investment not new: expert<\/p>\n<p>Jeff Mahon, director for geopolitical and international business at consulting firm StrategyCorp., told CBC Radio&#8217;s Metro Morning earlier on Monday that concerns over foreign investment are not new, and pointed to Canada&#8217;s Investment Canada Act, which reviews deals for their net benefit and impact on jobs and economic competitiveness.<\/p>\n<p>&#8220;Foreign investment is really important for the Canadian economy, but there&#8217;s always going to be some considerations on whether the owner or type of investment will lead to some challenges down the line,&#8221; he said.\u00a0\u00a0<\/p>\n<p>Mahon said Canada&#8217;s trade war with the U.S. is &#8220;definitely&#8221; a catalyst for the initiative, and understands the push to drive more outside funding.<\/p>\n<p>&#8220;When the U.S. shuts down market access or threatens market access, that undermines investment confidence in Canada,&#8221; he said. &#8220;If we don&#8217;t have investment coming in then that means future economic activity is inhibited, it&#8217;s going to be undermined.&#8221;\u00a0<\/p>\n<p>&#8220;Those investment dollars lead to productive investment \u2026 that means future economic growth could be higher.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"More than 1,000 demonstrators gathered in downtown Toronto on Monday to protest against an investment summit organized by&hellip;\n","protected":false},"author":2,"featured_media":896458,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-896457","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/896457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=896457"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/896457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/896458"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=896457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=896457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=896457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}