Carney seeks $1 trillion in investment at Toronto summit

Prime Minister Mark Carney is hosting a Canada Investment Summit in Toronto this week, with the goal of attracting about $1 trillion in investment over the next five years. The event brings together hundreds of global investors, Canadian executives and provincial leaders to discuss major projects across the country. The summit features 167 projects in areas such as energy, mining, infrastructure, manufacturing and technology. Among the largest are a proposed pipeline to British Columbia’s coast, an expansion of the Port of Churchill and a liquefied natural gas terminal in British Columbia. Supporters say Canada needs faster approvals, clearer regulation and a stronger pitch to compete for foreign capital. Critics, including some opposition figures and protest organizers, argue the government risks giving too much control to outside firms. Economists say any deals would need transparent terms to reassure the public and protect Canada’s interests.