Carney gambles on the world's biggest investors betting on Canada
Canadian official Mark Carney is hosting a major investment summit to attract global capital to Canada's energy and infrastructure sectors. This move is part of a broader strategy to build economic resilience following trade tensions with the United States.
Why it matters
Canada's pivot toward global investment reflects the shifting geopolitical landscape and the country's attempt to reduce economic dependence on the US.
Image source, Reuters By Michael Race , Business and economics reporter and Jessica Murphy , Canada digital editor Published 12 minutes ago It's been a little over 18 months since Canadian Prime Minister Mark Carney said his country's relationship with the United States, based on over a century of tight economic and military cooperation, was "over".
Trade talks collapsing, tit-for-tat tariffs, and Donald Trump's talk of making Canada a "51st state" have all fuelled this bitter feud between the two North American neighbours.
Now, as Canada's top pitch man, Carney is looking to leverage personal relationships from his time spent in the top tiers of global finance to woo some of the world's wealthiest asset managers and business leaders to bet on his country.
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