Prime Minister Mark Carney is setting an ambitious economic target with the launch of a new Canada Investment Summit in Toronto, aiming to attract as much as $1 trillion in investment over the next five years.
The summit, scheduled for September 14 and 15, will bring together global investors, chief executives and business leaders in what the federal government describes as a major push to accelerate nation-building projects and strengthen Canada’s long-term economy.
According to the Prime Minister’s Office, the event is designed to showcase Canada as a stable and competitive destination for capital at a time when many economies are facing uncertainty. Carney highlighted the country’s strengths, pointing to its energy resources, highly educated workforce and capacity for innovation.
He said Canada is well positioned to supply what the world increasingly needs — reliable energy, skilled talent and secure investment opportunities. The summit, he added, will help convert those advantages into new jobs, expanded businesses and large-scale economic growth.
The federal government will host the gathering in partnership with Canada Pension Plan Investment Board and Public Sector Pension Investment Board, two of the country’s largest institutional investors. Their involvement signals a strategy focused not only on attracting foreign capital but also leveraging domestic financial strength to support major projects.
The announcement comes during a period of economic pressure, with higher global energy prices, trade tensions with the United States and broader geopolitical instability affecting markets. In that environment, Ottawa appears eager to send a message that Canada intends to compete aggressively for global investment.
If successful, the summit could have far-reaching implications. Large-scale investment often drives infrastructure expansion, technology development, clean energy projects and employment growth across multiple sectors. It can also strengthen Canada’s position in global supply chains and improve resilience during volatile economic cycles.
The challenge, however, will be turning headline commitments into real projects that move quickly and deliver measurable results. Investors typically seek regulatory certainty, competitive returns and timely approvals — areas where governments are often tested.
Still, by placing Toronto at the centre of a global investment push, Carney is making clear that economic growth and capital attraction will be central themes of his leadership. The fall summit may now become an early test of whether Canada can transform its advantages into the scale of investment it is promising.