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Three PMs: Carney recruits Chrétien, Harper to kick off investment summit
Bell’s $50 billion Saskatchewan data-centre expansion anchors Carney’s effort to draw $1 trillion in investment over five years.
- On Monday, Prime Minister Mark Carney opened the two-day Canada Investment Summit in Toronto, where Bell announced a $50 billion data-centre expansion in Saskatchewan, one of the largest private-sector investments in Canadian history.
- The summit aims to attract $1 trillion in capital over five years, with support from former prime ministers Liberal Jean Chrétien and Conservative Stephen Harper, who joined Carney to pitch major infrastructure projects.
- Ottawa announced priority access to binding tax rulings for investors committing $1 billion or more, while global executives including BlackRock CEO Larry Fink and Blackstone president Jon Gray attended the summit.
- Conservative Leader Pierre Poilievre criticized the event, stating "speeches, summits and symbolic signing ceremonies do not grow the economy," while demonstrators marched Monday protesting private-sector control of Canada's economic future.
- Programming continues Tuesday at the Four Seasons Hotel with sector-specific panels and an opening keynote address from Carney, translating high-level networking into concrete investment opportunities.
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Three PMs: Carney recruits Chrétien, Harper to kick off investment summit
OTTAWA — Three prime ministers were on hand in Toronto to mark one of the largest private sector investments in Canadian history on Monday -- the opening salvo in Mark Carney's two-day summit aimed at attracting billions of dollars in capital to Canada.
·Toronto, Canada
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Coverage Details
Total News Sources5
Leaning Left2Leaning Right1Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 25%
R 25%
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