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Carney names Dominic Barton as chair of Invest in Canada, replaces CEO
The agency will take on a more ambitious role to attract $500 billion in new private-sector capital over five years, the Prime Minister’s Office said.
- On Monday, Prime Minister Mark Carney announced a leadership overhaul at Invest in Canada, appointing private equity executive Gurinder Grewal as CEO and former diplomat Dominic Barton as board chair.
- The federal body assumes a "new, more ambitious" role, with Ottawa targeting $500-billion in private-sector capital and $1-trillion of total investment in Canada over five years.
- Grewal, founder of MEM Growth Partners, replaces outgoing CEO Laurel Broten, while Barton, a former McKinsey managing partner and ambassador to China, assumes the board chair role.
- These changes arrive two weeks before Carney's inaugural investment summit in Toronto, where he will assemble foreign investors and domestic fund heads to pitch Canadian projects.
- Minister Dominic LeBlanc accepted the resignation of Broten, who was appointed under the previous Liberal government, as the agency transitions to its new leadership structure starting Sept. 1.
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Mark Carney re-invested in Canada after the abrupt resignation of the CEO on Monday, just a few weeks from the Canadian Investment Summit.
·Montreal, Canada
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National PostReposted by 
GrowCola.com
GrowCola.comCarney appoints former envoy to China Dominic Barton to lead investment promotion agency
OTTAWA — Prime Minister Mark Carney has appointed high-profile executive and former diplomat Dominic Barton to lead the federal agency charged with promoting foreign investment in Canada.
·Toronto, Canada
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Gurinder Grewal appointed Chief Executive Officer of Invest in Canada
PRIME Minister Mark Carney on Monday appointed Gurinder Grewal as Chief Executive Officer of Invest in Canada. He will hold the position on a full-time basis for a term of five years. The federal government says it is focused on building a stronger, more resilient, more independent Canadian economy that is not reliant on any single
·Surrey, Canada
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Coverage Details
Total News Sources48
Leaning Left24Leaning Right2Center14Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 35%
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