Prime Minister Mark Carney.Carlos Osorio/Reuters
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The big sell is on. Prime Minister Mark Carney’s government has promised to raise $500-billion dollars of private investment over the next five years to reposition Canada as an important player in international business. The goal is to capture billions in foreign investments by selling, in Carney’s words, “what the world wants” – energy, critical minerals and an educated workforce. And a government-led summit this year to bring wealthy investors to Canadian soil will be the site of their biggest sales pitches yet.
James Bradshaw, The Globe’s Institutional Investing reporter, explains why Canada craves foreign investment, how those funds could help the economy and whether Carney and other Canadian leaders can woo billions in business.
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