Canada will seek private investment through long-term concessions to operate its four largest airports and will allow immediate expensing for most new capital investment, Prime Minister Mark Carney announced yesterday.
Speaking to investors at the Canada Investment Summit in Toronto, Carney said the measures were part of a goal “to catalyze $1 trillion of investment in Canada over the next five years, in energy, in transportation, in tech and data, in defence, and beyond.” The target is in Canadian dollars.
The prime minister described a world in which “economic integration has been weaponized: tariffs used as leverage, financial plumbing as coercion, supply chains as vulnerabilities to be exploited.” He said Canada’s aim was “to make Canada the most attractive place in the G7 to invest.”
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
