The Financial Post reports in its Wednesday edition that the head of the country's largest bank says Canada's growth outlook is strong as Ottawa looks to speed up the building of energy-related projects aimed at reducing reliance on the United States. The Post's Naimul Karim quotes chief executive officer Dave McKay telling a conference Tuesday: "Canada has some unprecedented growth opportunities that we haven't seen in the last decade or 15 years. I've been more excited about Canada than I have been in the last decade. The tone at the top is really good." He said this is the first time in his decade-long tenure as CEO that he has seen a "risk-on" theme from foreign investors, who have generally been worried about corrections in the mortgage sector, making it hard to attract capital. Mr. McKay said one of the reasons foreign investors are excited is Canada's goal to create a more diversified economy focusing on energy, defence, mining and transportation sectors. Getting these projects approved, financed and in place will not be easy, but Mr. McKay said there is a feeling that everyone is "pulling in the same direction for the first time" and that the view among "all leaders" is that now is the time to "get stuff done."
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