Story perspectives
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.
