4.11.2025

"Carney's Global Push for Canadian Investment"

Prime Minister Mark Carney said his recent international trips and meetings with world leaders are “necessary” to opening new markets for Canadian products

Prime Minister Mark Carney has recently emphasized the importance of his international trips and meetings with world leaders, describing them as “necessary” for opening new markets for Canadian products. During a four-day visit to London, Carney engaged in discussions with British Prime Minister Keir Starmer to ensure both leaders are aligned on progressing economic and security measures initially agreed upon in June during a meeting in Ottawa. One of the focal points of their discussions revolved around addressing significant international concerns, specifically the ongoing wars in Ukraine and Gaza.

Carney stated, “We are going to invest hundreds and hundreds of billions of dollars over the course of the next decade to create hundreds of thousands of careers for Canadians and long-term prosperity.” He noted that a portion of this investment will be sourced from international capital. On Saturday morning, the Prime Minister held meetings with various investment firms from Britain, Asia, Europe, and Africa, further highlighting Canada’s major infrastructure projects and its strategy to attract more global investments.

During the discussions, Carney emphasized that the talks were not centered on specific transactions or investment deals, but rather on the overall investment climate in Canada. Additionally, he articulated the need to enhance Canada’s profile as an investment destination and gain insights into how the country is perceived internationally.

However, Conservative Leader Pierre Poilievre criticized Carney’s trip on social media, dismissing it as “nothing but Liberal showbusiness.” He argued that the Prime Minister should focus more on pressing domestic issues, such as crime and affordability. Poilievre remarked, “So Carney gets nothing for Canada in his costly trip to the UK. The British blockade of Canadian beef remains in place and no new trade deal.”

Since taking office, Carney has been vocal about Canada's necessity to reduce its economic and security dependence on the United States, particularly in light of tariffs implemented during Donald Trump’s presidency. Earlier in the week, Trump announced plans to impose a 100 percent tariff on branded pharmaceuticals starting October 1, unless American factories are established by drug manufacturers. Carney responded to this announcement by suggesting that it would likely have a minimal impact on Canadian exports, as most Canadian pharmaceutical exports to the U.S. consist of generic drugs.

Carney’s trip transitioned from business to leisure on Saturday afternoon as he attended the Women’s Rugby World Cup final, where the Canadian team was set to compete against the top-seeded English team. Prior to the game, Carney expressed enthusiasm, saying, “I’m very excited. This is a match for the ages. It looks like it’s shaping up well.” Ultimately, Canada lost to England with a score of 33-13, in what was reported as the largest crowd ever for a women’s rugby match, drawing nearly 82,000 spectators.

Post-match, Carney visited the Canadian team at field level, offering his support after their loss. The Prime Minister is expected to return to Ottawa on Sunday, following what marks his 13th foreign visit since taking office in March. Further travels to Asia and Africa are planned for later this fall, indicating Carney’s continued focus on international relations and investment opportunities for Canada.