I just spoke to a room of global investors from nearly 30 countries, responsible for managing more than $100 trillion in assets.

I told them what Canadians see clearly.

That we have what the world wants: the energy, the resources, the talent, the technology, and the capital.

That our greatest strength is the one thing you won’t find on any balance sheet: trust.

That, in a world undergoing a rupture, we understand a simple truth – we must take care of ourselves, and we must take care of each other. That our unity is our competitive advantage. That our ambition is now catching up with our potential.

This Summit is not a promise of that potential. It is proof of that potential.

We brought the world to Toronto with a clear message: Canada is building big. It’s an opportunity for them to build with us.

The response has been overwhelming.

Canada’s largest pension funds, insurance companies, and institutional investors have committed to investing nearly $100 billion in new capital in Canadian assets.

Canadian banks, regarded as the most stable in the G7, have committed to providing nearly $325 billion in new financing to Canadian businesses and infrastructure.

Our investment funds committed to mobilise more than $14 billion to grow Canadian companies, infrastructure, and strategic sectors.

That includes Radical Ventures committing to invest and mobilise $4 billion for the new Radical Breakouts Fund – the largest venture capital fund of its kind in Canadian history – to help Canadian artificial intelligence (AI) companies scale up and stay Canadian.

Bell Canada and the Government of Saskatchewan announced one of the largest AI infrastructure investments in Canada’s history: a 1.2-gigawatt Canadian AI infrastructure hub, built in Saskatchewan. A more than $50 billion investment, the largest in the province’s history, generating more than 4,500 jobs.

This is Canada building its AI backbone – the sovereign compute that will power the discoveries, the industries, and the careers of the next generation, right here at home.

This is Canada setting the tone: building our future and owning the technology that shapes it.

That’s just one project. All told, this Summit is laying the foundation for enormous new investment and strategic partnerships, and accelerating deals already in motion – bringing nearly half a trillion dollars in new investment commitments to Canada.

What does it mean for Canadians?

It means more and better jobs. It means better services. It means a brighter future.

It means capital coming into our companies, and tens of thousands of good jobs for electricians and engineers, for tradespeople and technologists, in every region of the country.

It means industries of tomorrow being built right here and owned by Canadians in sectors such as energy, critical minerals, artificial intelligence, and defence – and returns that stay here in Canada.

It means infrastructure built to last: electricity grids, ports, pipelines, data centres, railways, and roads that our children and grandchildren will still be using and will continue to be proud of decades from now.

This week, we have not only attracted new capital. We have forged a new path toward a stronger, more prosperous, and more sovereign future.

To build on this momentum, and unlock even more of our potential, we announced new measures to make Canada the best place in the world to build big – by far.

That starts with the Productivity Mega Deduction. It lets businesses write off a far wider range of investments right away – fibre-optic cable, mining property, pipelines, rail, aircraft, vehicles, manufacturing equipment, and more. We’re taking the share of assets that qualify from roughly 15% to almost two-thirds. And we’re making immediate expensing permanent, so businesses recover their costs sooner.

The result is that Canada’s effective tax rate on new investment will be the lowest of any major economy in the world and less than half the rate in the United States.

As part of the Business Development Bank of Canada’s $6 billion platform, we are investing $1 billion to help innovative Canadian companies in sectors such as defence and critical minerals to expand and compete globally.

In an increasingly uncertain world, we are leveraging our strengths, scaling our ambition, and moving with speed.

We have already begun dramatically accelerating major nation-building projects through the Major Projects Office. Now we will apply that same urgency and efficiency more broadly through theBuild Canada Strong Act.

For projects and supply chains, our standard will be simple: One project. One review. One year.

Canada will always be a country of high standards. But high standards do not mean decisions have to be slow. Predictability is a competitive advantage. When Canada decides a project should go ahead, that project will go ahead.

Together, these measures fundamentally transform the way Canada approaches investment.

Invest at lower cost. Build faster. Public assets that work harder for Canadians. A tax system that strengthens our competitiveness.

We have the resources. We have the talent. We have the capital. Now we’re matching them with speed, ambition, and execution.

We’ve accomplished a great deal already. And yet, we’re really only beginning to imagine everything that’s been set in motion.

We have seen it happen before: conversation turns to commitment, and commitment turns to investment.

In August 2025, Minister Hodgson and I sat down in Berlin with one of Germany’s largest energy companies to talk about Canadian liquid natural gas (LNG). Nine months later, they signed a 20-year agreement to buy 2 million tonnes a year from the Ksi Lisims LNG project on our West Coast.

There are countless more stories like this from coast to coast to coast.

Through the trade and investment missions our government has led abroad:

Canada has what the world wants.

The difference this week is the direction. We didn’t cross an ocean to make our case. The world came to us. To peer in our shop window. It found a Canada that has chosen to build – and it is choosing to build with us.

That is a powerful thing. But that’s not all.

Yes, it matters that the world has gathered here.

But what matters more is what we do for ourselves.

Because when we invest in our own potential as Canadians, when we strengthen our own competitiveness, when we become our own best customer – we give ourselves more than anyone can take away. We lay the foundation for even greater investment – and prosperity that endures.

The world is looking at Canada differently.

We should look at ourselves differently too.

It is not about who we aren’t, but about who we are. It’s not about what is lost, but what we have and what we can create.

We are kind, generous, hardworking, and ambitious people.

Who have the trust of our partners, a renewed sense of self-confidence, and a rising conviction.

This is our country. This is our future. We will build it together.

That’s Team Canada. That’s Canada strong.