Carney’s investment summit live updates
The Canada Investment Summit is in full swing in Toronto today. Prime Minister Mark Carney kicked things off with a keynote address to the hundreds of CEOs, investors and wealth managers (and one former prime minister) present. The day will consist of panel discussions and small group meetings, and a concierge service matching people up for sideline discussions, much of which will happen behind closed doors.
Key moments:
- Carney to open up four largest airports for private investment, announces corporate tax ‘mega deduction’
- Ottawa to help finance nationwide sovereign internet network
- The full schedule of events
Carney asked about opening airports for investment
Prime Minister Mark Carney is now speaking with reporters after his opening remarks to the summit.
He’s being pushed on his announcement to open up airports for investment, with The Globe’s Bill Curry noting that the Liberals seriously considered the idea about a decade ago but ditched it after pushback.
Carney said that these are different times, and that the government is trying to build up the country in a more hostile world while at the same time retaining fiscal discipline.
He said to do that, Canada needs to be smart with the assets it has, and there’s also an opportunity to provide better experiences at airports and invest in other projects
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