Prime Minister Carney Courts Global Investors in New York, Promotes Canada as Destination for Growth
Canada Promotes Growth During Carney New York Investment Visit
NEW YORK CITY — Prime Minister Mark Carney used a visit to New York this week to promote Canada as a leading destination for international investment, meeting with investors, CEOs, entrepreneurs, and financial leaders as part of the federal government’s broader economic strategy.
According to the Prime Minister’s Office, Carney travelled to New York City on May 28 to highlight Canada’s economic strengths and attract new investment in key sectors including energy, transportation, data infrastructure, and defence.
The visit comes as the federal government pursues a plan to catalyze $1 trillion in investment across Canada over the next five years through a combination of public incentives, private-sector partnerships, and infrastructure development.
Economic Club of New York Address
During his visit, Carney delivered remarks and participated in a featured discussion at the Economic Club of New York, where he outlined the government’s strategy of strengthening Canada’s domestic economy while expanding international partnerships.
The Prime Minister emphasized Canada’s position as a stable and reliable investment destination, highlighting efforts to diversify trade relationships and strengthen economic ties with allies, including the United States.
In a statement released by the Prime Minister’s Office, Carney said Canada is leveraging its economic advantages to attract billions of dollars in new investment that will support long-term growth and prosperity.
Bâtir une économie plus forte est avant tout bénéfique pour toutes les Canadiennes et tous les Canadiens, mais aussi pour les États-Unis. pic.twitter.com/inXEU5W2O9
— Mark Carney (@MarkJCarney) May 28, 2026
Canada Promoting Competitive Advantages
The federal government pointed to several factors it believes make Canada attractive to global investors, including its AAA credit rating, low net debt-to-GDP ratio relative to other G7 nations, extensive free trade network, and highly educated workforce.
According to the government, Canada currently has free trade agreements covering 51 countries, providing businesses with preferential access to approximately 1.5 billion consumers worldwide.
Officials also highlighted Canada’s growing artificial intelligence sector, emerging quantum technology industry, and significant natural resource base, including energy and critical minerals.
Investment Strategy Targets Major Sectors
The government’s investment agenda focuses on sectors viewed as essential to future economic growth, including energy infrastructure, transportation networks, advanced manufacturing, technology, and defence industries.
The Prime Minister’s Office said approximately $280 billion in government capital investments and incentives are expected to help unlock more than $1 trillion in total investment from public, private, and institutional partners over five years.
The government also noted that Canada’s Major Projects Office is currently advancing 22 major infrastructure and resource projects representing more than $126 billion in potential investment.
Focus on Economic Resilience
The New York visit forms part of a broader effort by the federal government to position Canada as a destination for global capital amid increasing geopolitical uncertainty and economic competition.
Officials say attracting investment will be critical to building a stronger and more resilient economy while supporting job creation, infrastructure development, and industrial growth across the country.
The Prime Minister’s Office said Canada is focused on leveraging its natural resources, skilled workforce, and international market access to strengthen economic competitiveness in the years ahead.
Source: Prime Minister’s Office, Government of Canada.
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