Confirmed attendees, many from the former Goldman Sachs executive and central bank chief’s personal rolodex, include BlackRock, CEO Larry Fink and Blackstone President Jon Gray from the U.S., as well as Singapore fund Temasek’s CEO Dilhan Pillay and Dutch pension fund APG Groep’s CEO Annette Mosman, according to a source with knowledge of the event.
The two-day summit, which begins on Monday, will kick off discussions for future investments, although major deals could take 12 to 18 months to materialize, a government source said. Prime Minister Mark Carney has pledged to attract investments of C$1 trillion in the next five years by cutting red tape and developing mining, energy, technology and infrastructure projects.
“The world’s largest investors, managing over C$120 trillion dollars of assets, will come to ‘peer into our shop window’ because the world is looking at Canada differently,” Carney said at a welcome reception on Sunday.
The whole article by Nivedita Balu and Promit Mukherjee is available at Reuters