Carney gambles on the world's biggest investors betting on Canada
For two days, Toronto will host more than 100 global investors overseeing more than C$100tn ($72tn; £53) in assets, in the hope that new economic relationships will help Canada navigate an increasingly unstable geopolitical climate. But there is no guarantee that the deep-pocketed investors will be easily sold, and challenges include a track record in Canada of lengthy approvals for projects. "He understands finance very deeply. [He] would know when they are bluffing and when the understatement meant that something really bad was happening."Knowing the minds of investors gives the prime minister, who began his career at investment bank Goldman Sachs, an advantage this week.
- ▪For two days, Toronto will host more than 100 global investors overseeing more than C$100tn ($72tn; £53) in assets, in the hope that new economic relationships will help Canada navigate an increasingly unstable geopolitical climate.
- ▪But there is no guarantee that the deep-pocketed investors will be easily sold, and challenges include a track record in Canada of lengthy approvals for projects.
- ▪"He understands finance very deeply. [He] would know when they are bluffing and when the understatement meant that something really bad was happening."Knowing the minds of investors gives the prime minister, who began his career at investme
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| Publication time | Mon, 14 Sep 2026 19:29:12 GMT |
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Carney gambles on the world's biggest investors betting on CanadaImage source, ReutersByMichael Race, Business and economics reporter and Jessica Murphy, Canada digital editorPublished14 September 2026, 00:03 BSTIt's been a little over 18 months since Canadian Prime Minister Mark Carney said his country's relationship with the United States, based on over a century of tight economic and military cooperation, was "over".Trade talks collapsing, tit-for-tat tariffs, and Donald Trump's talk of making Canada a "51st state" have all fuelled this bitter feud between the two North American neighbours.Now, as Canada's top pitch man, Carney is looking to leverage personal relationships from his time spent in the top tiers of global finance to woo some of the world's wealthiest asset managers and…
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