Carney aims to reverse $1 trillion in foreign capital flight over 2 days in September
Over two days in September, Prime Minister Mark Carney will try to stanch $1 trillion of foreign investment flight over the last decade. Foreign direct investment reached $96.8 billion in 2025, the highest inflow of capital to the Canadian economy since 2007, but how much of that can be attributed to either Carney’s policies or “open for business” vibes is an open question. Get daily National news Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
- ▪Over two days in September, Prime Minister Mark Carney will try to stanch $1 trillion of foreign investment flight over the last decade.
- ▪Foreign direct investment reached $96.8 billion in 2025, the highest inflow of capital to the Canadian economy since 2007, but how much of that can be attributed to either Carney’s policies or “open for business” vibes is an open question.
- ▪Get daily National news Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.
Global News publishes from Canada and files mainly under world. We currently carry 86 of its stories.
Opening excerpt (first ~120 words) tap to expand
Over two days in September, Prime Minister Mark Carney will try to stanch $1 trillion of foreign investment flight over the last decade. You can’t fault the man for lack of ambition.Carney is presiding over what he’s calling the Canada Investment Summit — a gathering of international business leaders, CEOs and institutional investors aimed at recouping the losses over the next five years.If he pulls it off, it would mark a stunning reversal.Calling it the “most significant capital exodus in modern Canadian history,” the Royal Bank of Canada reported that over a nine-year period — roughly corresponding to former prime minister Justin Trudeau’s time in office — $2 exited the Canadian economy for every $1 invested, totalling $1 trillion.Carney clearly wants to turn the page on that…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Global News.
Discussion
0 commentsMore from Global News
