Canadian Prime Minister Mark Carney is using Canada’s first Investment Summit in Toronto to attract C$1 trillion (about US$721 billion) over five years for more than 160 projects spanning critical minerals, energy, technology, defense, advanced manufacturing and infrastructure, while reducing reliance on the United States. About 100 money managers from roughly 25 countries attended the event. Finance Minister François-Philippe Champagne said attendees at Tuesday’s main event control more than C$120 trillion (€74.7 trillion) in global capital, with representatives of Bank of America, Berkshire Hathaway and Gulf investment agencies among the expected participants. Bell Canada and Saskatchewan officials announced plans to expand the Bell AI Fabric project from a 300MW data center under construction near Regina to as much as 1.2GW, with the Canadian government estimating full capital investment of C$52.5 billion (about US$36.8 billion). Carney is also pursuing closer ties with the European Union and will address the European Parliament in Strasbourg after the summit. Hundreds of activists protested fossil-fuel infrastructure, military production, artificial intelligence’s effects on workers and the transfer of public assets to private investors. Major investment outcomes may take 12 to 18 months, and Bell’s proposed 900MW expansion remains subject to customer contracts, commercial agreements, permits and environmental assessments.