TORONTO, Canada: Canada is putting more than 160 projects before some of the world's largest investors on September 14 as Prime Minister Mark Carney seeks new sources of capital to help the economy withstand its trade war with the United States.
About 100 global investors are expected to attend a two-day summit beginning September 14 in Toronto, where they will be matched with Canadian executives, companies, and local officials to explore potential investments and partnerships.
Confirmed attendees include BlackRock CEO Larry Fink, Blackstone President Jon Gray, Singapore fund Temasek CEO Dilhan Pillay and Dutch pension fund APG Groep CEO Annette Mosman, according to a source with knowledge of the event.
The summit is intended to begin discussions on future investments, with major deals potentially taking 12 to 18 months to materialize, a government source said.
Carney has pledged to attract C$1 trillion (US$721 billion) in investment over five years by reducing red tape and developing mining, energy, technology and infrastructure projects.
"The world's largest investors, managing over C$120 trillion dollars of assets, will come to 'peer into our shop window' because the world is looking at Canada differently," Carney said at a welcome reception on Sunday.
The push comes as Canada faces mounting tariffs from the United States, its largest trading partner.
Carney has sought new business relationships in the Middle East and Asia while strengthening Canada's alliance with Europe.
Projects being presented to investors range from concepts to those ready for construction, according to a prospectus seen by Reuters, which promotes Canada as a stable and predictable market with prospects for long-term economic growth.
Carney's office declined to comment.
Technology features prominently in the proposals, with 96 data....
