Prime Minister Mark Carney is spearheading the Canada Investment Summit, aiming to reverse a $1 trillion loss in foreign capital over the past decade.

The Royal Bank of Canada reported that for every $1 invested in Canada during Justin Trudeau's tenure, $2 left the country, totaling $1 trillion in outflows.

Carney's strategy includes creating the Major Projects Office (MPO) to streamline approvals, reduce regulatory burdens, and strengthen trade partnerships.While foreign direct investment reached a nine-year high in 2025, the effectiveness of Carney's policies remains uncertain.The summit, set for September, seeks to attract international investors, with strong interest reported despite challenges like the U.S.-Canada trade dispute.

Analysts note the MPO's early impact is premature, but the government's shift toward business-friendly policies may signal a new era for Canadian economic engagement.