Prime Minister Mark Carney's upcoming investment summit has unveiled 167 potential investment projects worth $1 trillion across eight key sectors. According to CBC News, the September 14-15 summit in Toronto will bring together deep-pocketed international investors and Canadian business leaders, with invitations sent to major investment firms and sovereign wealth funds. The 66-page prospectus outlines projects spanning conventional and clean energy, mining and metals, marine infrastructure, power utilities, digital technology, advanced manufacturing, and transportation sectors. Each project includes detailed information on current stage, capital expenditure requirements, and investment opportunities being sought to advance construction.
Canada's largest financial institutions have made substantial commitments ahead of the summit. Bank of Montreal announced it aims to mobilize up to $70 billion in new capital over 10 years, according to reports from Financial Post. Canadian Imperial Bank of Commerce committed $2 billion to help small and mid-sized defence-related businesses grow across energy, cybersecurity, digital capability, infrastructure and advanced technology sectors. Royal Bank of Canada announced a $1.4 billion initiative to invest in Canadian technology companies with global potential, focusing on direct equity investments. The Public Sector Pension Investment Board expects to boost investments in Canada by 30 to 40 percent over the next few years, targeting total assets above $100 billion. Ontario Teachers' Pension Plan Board plans to invest an additional $10 billion by the end of 2027 in public and private Canadian investments, as announced by the pension fund on September 11, 2026.
The summit will test Prime Minister Carney's Persian Gulf trade strategy, with the UAE already committed to investing $50 billion in Canada. According to The Globe and Mail, XRG, the foreign-investment arm of the Abu Dhabi National Oil Company, has been evaluating an investment in LNG Canada Phase 2, the expansion of the liquid-natural gas export facility in Kitimat, B.C. The UAE's $1.2 trillion Abu Dhabi Investment Authority will participate in the summit, alongside Investment Corporation of Dubai, ADQ and Mubadala Investment Co. - each holding hundreds of billions in assets. The Gulf's sovereign wealth funds collectively hold $5.6 trillion in assets, though the flow of deals to Canada remains modest at $6.2 billion over five years, according to fund-tracker Global SWF.
The prospectus includes several billion-dollar projects across critical infrastructure sectors. The most expensive project is a $57 billion US expansion of the Port of Churchill, which would upgrade Canada's only deepwater Arctic seaport with a liquefied natural gas export corridor and rail upgrades. A $44 billion investment in Nova Scotia's Wind West offshore wind project is led by the province, while the proposed $35 billion West Coast Oil Pipeline would transport Alberta crude to British Columbia's coast. A $28.5 billion floating Ksi Lisims LNG export facility on B.C.'s coast is described as fully permitted and shovel ready, targeting diversification beyond the current 99% of Canada's natural gas exports to the United States. Alberta's $10.9 billion high-speed passenger rail line would connect Calgary and Edmonton at speeds exceeding 300 kilometres per hour, completing the trip in about 90 minutes.
Canada is positioning itself as a global leader in artificial intelligence and quantum computing. The prospectus includes a $14.5 billion data centre near Medicine Hat, Alberta, along with several smaller data centre projects. Investment opportunities also extend to Toronto-based Xanadu Quantum Technologies, which develops quantum computers powered by light instead of electricity. Clean energy proposals span nuclear power generation in New Brunswick, carbon capture in Saskatchewan, and wind power and green hydrogen in Newfoundland and Labrador. The document frames Canada as a pioneer in AI with a national strategy dating back to 2017, offering investors access to what the government describes as 'the world's cleanest and most reliable energy systems.'
