Canadian leaders pitch investment opportunities at Toronto summit

Canadian business leaders and politicians are using the Canada Investment Summit in Toronto to promote the country as a stable and competitive place to invest. The event brings together foreign money managers, executives, and government officials to discuss major projects across sectors such as mining, energy, and infrastructure. Prime Minister Mark Carney is hosting the summit as Canada looks to attract more foreign capital during an increasingly tense trade relationship with the United States. Finance Minister FrançoisPhilippe Champagne also announced that the Canada Revenue Agency will speed up advanced income tax rulings for investments over $1 billion, a move intended to give investors more certainty before committing funds. Business leaders say Canada’s permitting process and regulatory environment have improved, though investors still worry about approval delays and complexity. Some companies and officials expect the summit to lead to followup talks and future agreements rather than immediate deals.