The Globe and Mail reports in its Saturday edition that Prime Minister Mark Carney is inviting more than 100 of the world's largest investors to a summit in Toronto in September as Ottawa expands its pitch to attract more foreign investment to Canada. The Globe's James Bradshaw and Bill Curry write that on Friday, Mr. Carney's office announced it will hold the first Canada Investment Summit on Sept. 14 and 15. The aim is to draw top chief executive officers, business leaders and entrepreneurs from some of the world's largest investors. It's a group that could include asset managers such as Blackstone and sovereign wealth funds such as GIC, which is based in Singapore. The event will be co-hosted by two of the country's largest pension fund managers, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board. "Canada has what the world wants," Mr. Carney said in a statement that promoted the country's energy resources, critical mineral deposits and high levels of education, among other assets. The summit is intended to capitalize "on those advantages to help drive billions of new investments into Canada," he added. Canada is positioning itself as a stable and predictable place to invest.
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