Canada is doing something countries rarely do: publishing a prospectus. Not for a single company or a bond offering, but for the entire nation. Prime Minister Mark Carney is courting roughly $1 trillion in new investment over the next five years, a bet that global capital fleeing Donald Trump’s trade chaos will find a willing home north of the 49th parallel.
The pitch centers on the Canada Investment Summit, scheduled for September 14-15, 2026, in Toronto, where executives from firms like BlackRock and Blackstone, collectively managing over $100 trillion in assets, are expected to attend. The government has assembled a 167-project prospectus spanning energy, critical minerals, infrastructure, data centers, AI, and liquefied natural gas.
The trillion-dollar hole Canada needs to fill
Between 2015 and 2024, the country hemorrhaged a net $1 trillion in capital, with outflows running at roughly double the pace of inflows over that stretch. Foreign direct investment hit $96.8 billion in 2025, the strongest year since 2007. First-half 2026 inflows came in at $44.7 billion.
A significant chunk of that 2025 FDI was driven by US-based mergers and acquisitions. Of the $1 trillion target, approximately $500 billion is expected to come from new private-sector capital. The rest will presumably involve redirecting domestic savings and pension fund allocations, a recognition that Canada’s own institutional investors have historically preferred deploying capital abroad rather than at home.
