Global investors pledge nearly $500 billion for Canadian projects after Investment Summit

What happened and who it affects

• Federal leaders hosted the Canada Investment Summit in Toronto; investors managing over $100 trillion in assets attended.
• Result: nearly $500 billion in new investment commitments affecting Canadian businesses, infrastructure projects, energy and critical-minerals developments, AI and technology firms, and defence-related companies.

Key commitments and numbers

• Pension funds and insurers: nearly $100 billion pledged, including a $50B Maple Fund (CPP Investments + Brookfield), PSP Investments adding $25B in Canada (raising Canadian investments to $100B), OTPP +$10B, Sun Life +$5B.
• Banks and finance: nearly $325B in new financing—TD $150B over five years, Scotiabank $100B over five years, BMO $70B over 10 years, CIBC $2B for defence-related SMEs, RBC ~$1.5B for tech companies.
• Investment funds: Power Sustainable >$10B for infrastructure; Radical Ventures $4B for AI scale-ups.
• Private project: Bell Canada + Saskatchewan announced a 1.2-gigawatt AI hub in Saskatchewan, a $52.5B capital investment expected to create 4,500+ jobs.

Federal policy and public funding measures

• Productivity Mega Deduction: businesses can immediately deduct the cost of a broader set of assets (examples listed by the release include fibre-optic cable, mining property, pipelines, software, R&D, computer equipment, aircraft and vehicles, patents, rail track, bridges, and roads). Immediate expensing will be made permanent.
• Tax impact claimed: marginal effective tax rate on new business investment would fall from ~13% to 6.4%, per the release.
• Airport concessions: government will seek private investment through long-term concessions for Canada’s four largest airports while retaining ownership of the land and assets; proceeds would be reinvested in regional and nation-building infrastructure including a proposed sovereign broadband backbone.
• Defence and critical minerals: BDC to deploy $700M (including $500M to specialised funds and $200M to expand StrongNorth to $500M) as part of its $6B Defence Platform; Canada Growth Fund committed ~ $140M to Generation Mining’s Marathon Project (Northwestern Ontario).

Why it matters

• The commitments are intended to mobilize large private capital flows for Canadian infrastructure, technology, and strategic sectors, create jobs, and strengthen domestic supply chains for critical minerals and defence technologies.

Source grounding

• All figures and program details are those reported in the government news release summarizing the Canada Investment Summit.