Canada Investment Summit seeks $1 trillion in foreign investment across 167 projects

Prime Minister Mark Carney opened Canada's first-ever investment summit Sunday with a reception in Toronto, aiming to land $1 trillion in foreign and domestic investment across the country. The gathering brings together 100 of the world's largest institutional investors—including BlackRock chairman Larry Fink, Singapore's Temasek leadership, and Norway's government pension fund managers—to review a 66-page prospectus of 167 projects seeking capital.

The timing reflects escalating Canada-U.S. trade tensions. As tariff disputes deepen, Carney is betting major infrastructure deals can forge new investor relationships and demonstrate Canada's economic stability to the world. Jeremy Kronick, president and CEO of the C.D. Howe Institute, called the lineup "essentially a who's-who on the investment side."

The prospectus spans energy, mining, transportation, and technology. It includes a proposed $35-billion pipeline from Alberta to B.C.'s coast, a roughly $79-billion Port of Churchill expansion in northern Manitoba, and a $28.5-billion liquefied natural gas terminal on B.C.'s coast. More than half the 167 projects relate to energy and mining: 63 mining and metals projects, 31 clean energy projects, 11 conventional energy projects, 16 marine and port infrastructure projects, 11 power and utilities projects, 19 advanced manufacturing projects, 10 digital technology projects, and 6 transportation projects.

Canada ranked highest among developed nations in a survey by the CPP Investment Insights Institute for stability and regulatory predictability, and respondents said they saw opportunity in the country's critical minerals and energy sectors. But long approval timelines and project uncertainty have deterred some international investors in the past. The summit runs through Tuesday, September 15, with provincial premiers—Alberta's Danielle Smith, Saskatchewan's Scott Moe, and New Brunswick's Susan Holt—pitching their own regional projects.