Carney Tries to Lure Trillions into Canada with Investment Summit

Prime Minister Mark Carney will host the first-ever Canada Investment Summit in Toronto on September 14 and 15, gathering hundreds of deep-pocketed investors with trillions of dollars in assets under management.

The summit aims to address Canada's persistent lack of business investment, which is slowing down the economy.

Carney has identified this issue as Canada's 'Achilles heel' and hopes that by bringing together top investors, he can attract more capital into the country.