Prime Minister of Canada outlines $1 trillion investment plan
Key points
Catalyse $1 trillion of investment over five years
Build a stronger, more competitive, more resilient Canadian economy; diversify partnerships including the United States
TL;DR
Prime Minister Mark Carney met investors in New York City and spoke at the Economic Club of New York.
The government aims to catalyse $1 trillion of investment over five years in energy, transportation, data, and defence.
The government cites Canada’s strengths: AAA rating, lowest net debt-to-GDP ratio in the G7, educated workforce, 16 free trade agreements with preferential access to 1.5 billion consumers.
Original text
The world is changing rapidly. In response, Canada’s new government is focused on what we can control: building a stronger, more competitive, more resilient Canadian economy. We are catalysing $1 trillion of investment in Canada over the next five years in energy, transportation, data, and defence. To that end, the Prime Minister, Mark Carney, visited New York City where he met with investors – including top CEOs, en...