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Carney Wins Bigger Equity Commitments After Toronto VIP Summit

By Drooid · · How we work

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Story summary
  • Prime Minister Mark Carney secured larger equity allocations from major investors after a VIP summit in Toronto.
  • Carney pledged tax cuts, fiscal-policy certainty and regulatory rollbacks to lure investment.
  • Fund managers said they are increasing equity allocations in Canada, citing an improving growth outlook.
  • Canada announced 167 major industrial and infrastructure projects and seeks C$1 trillion ($715 billion) of investment.