A variety of investment opportunities, including a floating LNG terminal on B.C.’s coast, a high-speed rail line connecting Edmonton to Calgary, and a pipeline from Alberta to the Pacific Ocean, will be showcased at an upcoming investment summit in Toronto. The event, scheduled for September 14 and 15, will be hosted by Prime Minister Mark Carney in collaboration with the Canada Pension Plan Investment Board and Public Sector Pension Investment Board, with the goal of attracting $1 trillion in investments.
The detailed 66-page “prospectus,” obtained by CBC News, outlines 167 potential projects that Ottawa and Canadian business leaders aim to promote at the summit. Invitations have been extended to major international investors and sovereign wealth funds as part of a broader strategy to attract capital amid trade disruptions and geopolitical uncertainties, particularly with the escalating U.S.-Canada trade tensions.
The investment opportunities are categorized into eight sectors, encompassing conventional and clean energy projects, mining, marine infrastructure, power utilities, digital technology, advanced manufacturing, and transportation. Each project description includes its current development stage, required capital expenditure, and the type of investment needed for implementation.
Noteworthy projects in the list involve significant investments, such as 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 from Alberta to B.C., and the $28.5 billion Ksi Lisims LNG terminal project.
Various other projects, including a Manitoba float glass manufacturing facility, night-vision technology manufacturing expansion, and satellite technology for Earth observation, are also highlighted in the prospectus alongside extensive infrastructure initiatives. However, projects like the Alto high-speed rail and airport privatization plans are notably absent from the list.
Some projects are well-advanced, like the Ksi Lisims LNG terminal described as “fully permitted and shovel ready,” while others, such as a graphite project in Saskatchewan, are in the early economic and environmental assessment stages. Plans for a $57 billion US Port of Churchill expansion and a $10.9 billion high-speed rail line between Calgary and Edmonton are explicitly detailed in the document.
Additionally, proposals for oil and gas sector developments, including a major oil pipeline and a pipeline expansion for crude transportation to U.S. refining markets, are outlined. The document also includes plans for a floating LNG export facility and various clean energy initiatives across different provinces, emphasizing Canada’s commitment to sustainable and innovative energy systems.
Furthermore, the prospectus highlights Canada’s leadership in artificial intelligence, showcasing investment opportunities in data centers, quantum computing, and emerging technologies. The country’s national strategy on AI, dating back to 2017, positions Canada as a pioneer in this sector, inviting investors to explore cutting-edge opportunities in the field.