# Carney's pitch: Canada is more than America's neighbour

> With Trump's tariffs biting, Canada gathered 300 investors who manage $120 trillion and made its case for money flowing north.
- Title: Carney's pitch: Canada is more than America's neighbour
- Summary: With Trump's tariffs biting, Canada gathered 300 investors who manage $120 trillion and made its case for money flowing north. Canada is selling stability…
- Keywords: canada, trade, investment, tariffs, carney, Carney's, pitch, more, America's, neighbour, Fortune
- Source: Fortune — https://fortune.com/2026/09/14/mark-carney-canada-global-investors-summit-trump-tariffs-trade-war-rule-of-law
- Author: Rob Gillies
- Read time: 2 min
- Topics: canada, trade, investment, tariffs, carney
## Money south, money north
Trump wants factories and capital moving into the United States. Canadian Prime Minister Mark Carney is betting he can pull billions the other way.
## $120 trillion in one room
About 300 CEOs and senior executives gathered at a Toronto Four Seasons for Carney's Canada Investment Summit. Their firms manage more than $120 trillion in assets.
## More than a neighbour
Carney's pitch leans on energy, critical minerals, an educated workforce and trade deals reaching roughly 1.5 billion consumers.

> Canada is about so much more than being next to the United States.
## He knows this room
Carney ran two central banks, spent 13 years at Goldman Sachs and chaired Bloomberg L.P. and Brookfield. He met the CEOs of Macquarie and Temasek on Monday.
## The tariff wall went up
Trade talks collapsed Aug. 21. Trump then hit about $20 billion in Canadian goods with 50% tariffs, banned some imports and moved to lock Canada out of U.S. government contracts.
## Ottawa says it can hold
Finance Minister Francois-Philippe Champagne promised support for hit industries and workers, while Carney aims to double overseas exports within a decade.

> We have the wherewithal to support our industries, to support our workers for as long as it takes.
## A jolt, not a wound
Invest in Canada chair Dominic Barton says fears investors would stay away never materialized, and the trade war is shaking Canada out of complacency.

> This is a good jolt. Let's use it.
## Selling trust
Carney is asking investors to look past the trade war and bet on predictability, contrasting Canadian rule of law with an erratic Washington.

> That combination is pretty rare in the world. And it's an attractive combination.
## Bell's $50 billion bet
Bell Canada will quadruple a Saskatchewan AI data centre toward 1.2 gigawatts, a C$50 billion project Carney called the province's largest capital investment ever.

> On Canadian ground with Canadian power, and Canadian law.
## Next stop, Europe
Ottawa will fast-track tax rulings for investments above $1 billion. Carney heads to the European Parliament this week, chasing a wider partnership with the EU.
## Key takeaway

Canada is selling stability and rule of law as the product, betting that trust wins capital when the U.S. looks unpredictable.