Over 1,000 protesters demonstrate against Carney's investment summit in Toronto
Over 1,000 protesters gathered in Toronto to demonstrate against an investment summit hosted by Mark Carney, which aims to secure $1 trillion in funding. Critics argue that the summit prioritizes corporate interests over public needs like housing, healthcare, and climate action.
Why it matters
The protest reflects growing public skepticism toward large-scale private investment deals and their impact on national public services and economic sovereignty.
The Canada Investment Summit, set for Monday and Tuesday in Toronto, is being hosted by Carney, who has invited over 100 of the world's largest investors from around the world in the hopes of securing $1 trillion in investments in some 167 projects across the country over the next five years.
The prime minister is pitching Canada as a safe and reliable place for investment at a time of economic uncertainty, but some aren't sold on outside investment yielding positive results for everyday Canadians.
Rachel Small, an organizer with World Beyond War, a non-profit that campaigns against conflict, said Canadians are struggling to afford rent and the cost of living, and need more investment in education, transit and health care.
"Carney is doing the opposite of that," she said.
Carney is seeking $1 trillion in investments. What will it take to land major deals at this week's summit?
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