Next week, the inaugural Canada Investment Summit will be held in Toronto to attract hundreds of billions of dollars in international investment into Canada to help cushion the blow of the continuing trade war with the U.S. The event is being led by Prime Minister Mark Carney and co-hosted by big Canadian pension funds.
In a note to clients earlier this week, Matthew Murphy, mining analyst with BMO Capital Markets, said he expects the sector to play a central role in discussions at the summit, and he addressed the key question of where capital is needed the most.
In a web panel discussion on Thursday, Mr. Murphy said significantly more investment in mining infrastructure could be enormously beneficial for the industry and reward multiple companies.
Niall McGee, writing for The Globe and Mail: Infrastructure investment needed to ‘supercharge’ Canadian mining, BMO analyst says