A forthcoming investment summit in Toronto will feature Prime Minister Mark Carney presenting a diverse array of 167 potential investment opportunities, including a floating LNG terminal in British Columbia, a high-speed rail connection between Edmonton and Calgary, and a pipeline from Alberta to the Pacific Ocean. The detailed 66-page “prospectus” obtained by CBC News outlines these projects, which aim to attract $1 trillion in investments from international investors and Canadian business leaders.
The event, scheduled for September 14 and 15, is a collaborative effort between the prime minister, the Canada Pension Plan Investment Board, and the Public Sector Pension Investment Board. It seeks to engage deep-pocketed investors amidst global trade uncertainties and geopolitical challenges.
Projects span various sectors, with a focus on 11 conventional energy ventures, 31 clean energy initiatives, 63 mining and metals opportunities, 16 marine and port infrastructure developments, 11 power and utilities projects, 10 digital technology advancements, 19 advanced manufacturing schemes, and six transportation endeavors. Each project is detailed in terms of its current stage, required capital expenditure, and sought-after investments.
Noteworthy projects highlighted in the prospectus include a $57 billion US expansion of the Port of Churchill, a $44 billion investment in Nova Scotia’s Wind West offshore wind project, a proposed $35 billion West Coast oil pipeline, and the $28.5 billion Ksi Lisims LNG terminal project. Additionally, plans encompass a variety of ventures such as a float glass manufacturing facility, night-vision technology manufacturing expansion, and satellite technology for Earth observation.
Notable exclusions from the list are the Alto high-speed rail project between Toronto and Quebec City and any airport privatization plans under consideration by Carney’s government. Some projects are advanced, like the Ksi Lisims LNG terminal labeled as “fully permitted and shovel ready,” while others, such as a graphite project in Saskatchewan, are in early stages of assessment.
Among the proposals is a $10.9 billion plan for a high-speed rail line linking Calgary and Edmonton in Alberta, a $35 billion oil pipeline project, and a $2.1 billion US expansion for the Prairie Connector pipeline. The document also presents a $28.5 billion pitch for a floating LNG export facility on the B.C. coast to diversify Canada’s energy exports away from the U.S.
In the clean energy sector, the government aims to attract investments in nuclear power, carbon capture, wind power, and green hydrogen projects. Canada is also positioned as a leader in artificial intelligence, with opportunities for investments in data centers and quantum computing technology.
The investment summit seeks to bolster economic ties beyond the U.S. amid escalating trade tensions, with a focus on showcasing Canada as a promising destination for global investments.
[Source](https://www.cbc.ca/news/business/investment-summit-prospectus-pitches-9.7339224)