Canadian Prime Minister Mark Carney hosted the inaugural Canada Investment Summit in Toronto on September 14 and 15, co-organized by the Prime Minister's Office, CPP Investments and the Public Sector Pension Investment Board. The government aims to attract $1 trillion in investment over five years to reduce reliance on the United States, and Carney announced close to $500 billion in new investment commitments at the close of the event. Attendees included executives from BlackRock, Blackstone, Apollo, KKR, Barclays, Canada's Big Five banks, Brookfield, and foreign sovereign and pension funds such as Temasek and APG. The article places the summit amid a trade dispute with the US, after Trump imposed tariffs on an additional C$28 billion of Canadian imports, and a government pledge to spend 5 percent of GDP on the military by 2035. It criticizes the summit's focus on deregulation, privatization and weaker worker rights.
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