Prime Minister Mark Carney’s plan to bring the world’s most powerful investors to Toronto next week was always a gambit to ease the economic pressure from the Trump administration’s trade crusade by pitching Canada as an alternative, more reliable place to put money to work.
What event planners could not have predicted is the way a feud over tariffs would boil over into a full-blown trade war just days before those money managers are set to touch down, and the intense spotlight it is shining on Canada – for better and for worse.
It is Mr. Carney’s reputation and relationships, backed by a co-ordinated push from some of Canada’s most influential chief executives, that have convinced the masters of the world’s deepest pools of capital to gather for two days at the Canada Investment Summit, at a scale never seen before on Canadian soil.
An avalanche of MOU’s signifying nothing.
