Canada is courting global investors as Prime Minister Carney hosts the Canada Investment Summit in Toronto, aiming to diversify away from heavy U.S. dependence amid a trade quarrel and attract billions in new investment.

Officials caution that while big deals may not be struck this week, meaningful outcomes are expected over the next 12 to 18 months as projects at various readiness levels are showcased.

The summit features high-profile discussions with international figures, including BlackRock CEO Larry Fink, underscoring strong global engagement across technology, data infrastructure, and infrastructure projects.

Investors have flagged bureaucratic delays and lengthy consultations, though Champagne argues that the world has changed and speed and capability are essential to seize opportunities.

Even with more investment, the mix may tilt toward capital-intensive projects that could offer fewer local jobs, raising questions about how benefits are distributed.

Highlighted projects span from Xanadu’s photonic quantum computer to data-center campuses in Alberta and New Brunswick, and the Crawford Nickel Project for low-carbon nickel essential for batteries and green steel.

Prospective projects include the Crawford Nickel Project and a C$900 million high-speed pod link between Calgary and Edmonton, illustrating a broad spectrum of tech, minerals, and transportation initiatives.

Government and proponents remain committed to an investment-led growth plan, while balancing social and environmental concerns voiced by critics.

Inflation and affordability are woven into the national narrative, with Statistics Canada data and RBC projections shaping policy and investment considerations.

The summit features more than 160 projects, including several shovel-ready opportunities, with large deals likely requiring time and relationship-building rather than immediate funding.

Carney emphasizes a national shift toward Canada taking control of its future, stressing credible sponsors and investable pipelines to convert opportunities into real investments.

Europe remains Canada’s largest untapped market for SMEs, with Britain and other partners highlighted as pathways to advance through the EU free trade agreement.