Carney, locked in U.S. trade war, pitches Canada to global investment titans

Canadian Prime Minister Mark Carney speaks with the news media after he suspended trade negotiations with the United States, in Ottawa on Aug. 22. | REUTERS

REUTERS

Sep 15, 2026

TORONTO – 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.

Carney, a former Goldman Sachs executive and central bank chief, on Monday held bilateral meetings with attendees including BlackRock CEO Larry Fink and Blackstone President Jon Gray, his office said.

The summit, to be held mainly on Tuesday, will host discussions for future investments, although major deals could take 12 to 18 months to materialize, a government source said. Carney has pledged to attract investments of 1 trillion Canadian dollars ($721 billion) in the next five years by cutting red tape and developing mining, energy, technology and infrastructure projects.

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