Carney pitches Canada as investment haven amid US trade war, stresses US ties remain key

Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto, courting Gulf sovereign wealth funds, European banks, and Chinese investors to diversify Canada's economy away from the US amid an escalating trade war. He conceded US relations remain crucial, signaling a balancing act between diversification and maintaining the bilateral economic relationship. The summit marks a strategic push to reduce reliance on the US, but its success hinges on attracting meaningful foreign capital.