Laurel Broten, chief executive officer of Invest in Canada, is resigning from her position leading the federal agency tasked with organizing Prime Minister Mark Carney’s high-stakes Canada Investment Summit, according to a source familiar with the matter cited by The Globe and Mail. Broten, a former Ontario cabinet minister and Bay Street litigator who has led the foreign direct investment agency since 2022, informed her staff of her departure this week just two weeks before the Toronto gathering is scheduled to take place on September 14 and 15, 2026.
Leadership Departure Shakes Up Planning for the Toronto Summit
According to reporting from The Globe and Mail, Broten has played a key role in planning plenary session topics and booking venues for the gathering. The exact effective date of her resignation remains unclear. Messages left on Broten’s voicemail and an email sent to her personal account were not immediately returned, as reported by The Globe and Mail.
Did you know? Invest in Canada is coordinating the September summit alongside the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, two of the country’s largest institutional investors acting as co-hosts, according to government releases.
High Stakes and Ambitious Capital Targets in Toronto
The upcoming summit aims to bring together up to 250 executives from 28 countries managing nearly $120-trillion in assets, according to reporting by The Globe and Mail. Prime Minister Mark Carney faces intense pressure to deliver on a federal target to catalyze $1 trillion in total investment in Canada over the next five years, which includes a specific promise to attract $500-billion in new private-sector investment, as outlined in official government announcements from pm.gc.ca. Over the past year, the federal government reports securing more than 20 new economic and defense partnerships alongside $97 billion in foreign investment commitments.
Frequently Asked Questions
When and where is the Canada Investment Summit taking place?
The summit is scheduled for September 14 to 15, 2026, in Toronto, Ontario, according to official government announcements.
Who is organizing the summit?
The event is hosted by the federal government in partnership with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, with logistical coordination supported by Invest in Canada, according to reporting by The Globe and Mail and pm.gc.ca.
What is the primary goal of the gathering?
The summit aims to attract major capital into nation-building projects, clean energy, critical minerals, and artificial intelligence to strengthen the Canadian economy amid trade disruptions, according to government statements.
What are your thoughts on the leadership change at Invest in Canada ahead of the summit? Share your perspective in the comments below.
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