Hundreds protest Carney investment summit as Canada courts global investors

  • Hundreds of activists protested Prime Minister Mark Carney’s investment summit in downtown Toronto.
  • The summit covers more than 160 mining, energy, technology and infrastructure projects.
  • About 100 global investors are being matched with Canadian companies, CEOs and local officials.

Hundreds of activists rallied in downtown Toronto on Monday against Prime Minister Mark Carney’s investment summit, which is designed to attract interest in more than 160 mining, energy, technology and infrastructure projects. Labour, migrant-rights, environmental and social-justice groups said they opposed projects that would expand fossil-fuel infrastructure, increase military production or give private investors greater control of public assets. Carney’s approval rating remains above 60%, according to the latest Angus Reid poll, as Canadians support his efforts to counter U.S. President Donald Trump’s tariffs on Canadian exports. At the same time, his rollback of many climate policies introduced by predecessor Justin Trudeau has drawn criticism from the more progressive wing of the Liberal Party. The summit seeks to connect about 100 global investors with Canadian CEOs, companies and local officials for potential investments or partnerships, part of Carney’s effort to diversify Canada’s commercial ties beyond its largest trading partner, the United States. Bell Canada said it was expanding a data-center project in Saskatchewan, while the finance ministry said it would prioritize advance income tax ruling requests for investments of C$1 billion ($718.9 million) or more. Carney has also pledged to increase defense spending, while protesters criticized government subsidies and tax incentives for private investors.

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