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Prime Minister Mark Carney addresses government investment summit in Toronto

What happened

Prime Minister Mark Carney is scheduled to deliver remarks and hold a press conference at his government's investment summit in Toronto today.

The Prime Minister is also set to participate in a discussion with Deborah Orida, the CEO of PSP Investments.

Why it matters

The summit serves as a platform for major financial activity, with reports indicating $500 billion in deals and the allocation of federal funding to an Ontario mining project.

Context

PSP Investments is one of Canada's largest pension investment managers.

Prime Minister Carney is planning a trip to Europe to pursue a new transatlantic alliance, a move occurring as trade negotiations between Canada and the United States remain at a standstill.

Sources 4 sources