Carney Courts the World’s Top Investors at Toronto Summit

Summary

Bloomberg's Melissa Shin joins Scarlet Fu to discuss the Canada Investment Summit in Toronto, where Prime Minister Mark Carney courted global investors. The government presented 167 projects across resource extraction, pipelines, data centers, and mines, plus policy moves including accelerated expensing and potential long-term capital for major airports. Global investors such as Blackstone, BlackRock, Ares, Apollo, KKR, and Mubadala attended, though commitments remained exploratory. Shin reported positive sentiment and a strong deal pipeline.

• Toronto hosted the Canada Investment Summit alongside TIFF and a Milken Institute gathering.
• Canada listed 167 investment projects spanning resources, pipelines, data centers, and mines.
• Some projects are indigenous-led, -run, or -owned.
• Canada announced accelerated expensing for large assets and a review of long-term capital for its four biggest airports.
• Blackstone, BlackRock, Ares, Apollo, KKR, and Mubadala were among global investors attending.
• No firm commitments were announced; discussions remained exploratory.
• Sentiment among attendees was described as positive with a strong deal pipeline.