
(Sept 10): Canada plans to show some of the world’s biggest investors a pitchbook laying out tens of billions of dollars worth of projects spanning data centres, advanced manufacturing, liquefied natural gas, ports and dozens of mines.
A document seen by Bloomberg News features 167 projects intended to be shared with some of the world’s biggest institutional investors, who are set to gather at Toronto’s Four Seasons Hotel next week for Prime Minister Mark Carney’s Canada Investment Summit.
The document dangles the possibility of minority equity stakes in companies such as Canada’s biggest satellite operator, Telesat Corp, as well as a multibillion-dollar battery plant in Ontario backed by a Volkswagen AG subsidiary.
An “advanced manufacturing” section includes technology proposals with a strong defense focus, like turbojets for drones, a space launchpad in Nova Scotia and quantum semiconductor manufacturing in Vancouver.
A series of large data-centre proposals are on offer, particularly in the energy-rich province of Alberta, including a potential C$14.5 billion (US$10.5 billion or RM42.74 billion) data centre campus being developed by BW Velora.
About a third of the brochure is minerals and mining projects. Another large portion is clean energy businesses pursuing technologies such carbon capture and hydrogen. Power and utilities, including nuclear energy, make up another chapter.
Other projects featured include large-scale port modernisations, a proposed crude oil pipeline for Canada’s west coast and liquefied natural gas export facilities.
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