The Globe and Mail reports in its Saturday edition that several of Canada's largest banks and pension funds are pledging billions of dollars in new investment and financing in the country ahead of a major summit next week led by Prime Minister Mark Carney. The Globe's James Bradshaw and Stefanie Marotta write that BMO plans to spend up to $70-billion in new capital over 10 years for sectors considered critical to Canada's economy. The bank said Friday its plan is aimed at supporting Canada's economic security and resilience. BMO will focus on key industries, including electricity, energy and transportation infrastructure, mining and critical minerals, artificial-intelligence, defence and security, and oil and gas. The capital will be issued through bank financing, debt capital markets activity and the raising of public equity. BMO chief executive officer Darryl White said foreign investors are most interested in projects that they can get involved in quickly and will offer the best returns. "It's very important that we've turned the tone in Canada to a build-first and an open-for-business-first tone," he told The Globe. "And you're seeing it now in the [foreign direct investment] that's turning our way."