Summary
Laurel Broten, CEO of Invest in Canada, has announced her resignation just weeks before the inaugural Canada Investment Summit in Toronto scheduled for September 14-15. Broten, a former Ontario cabinet minister and lawyer, has led the agency since 2022, working to attract foreign direct investment. The summit, co-hosted by the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, is expected to gather around 250 executives managing nearly $120 trillion in assets. This high-profile event comes amid a trade war with the U.S., with Prime Minister Mark Carney facing pressure to secure $500 billion in new private-sector investment over the next five years. Broten’s resignation has raised questions regarding her role in the summit’s preparations.
