Carney to pitch Canada as investment destination in New York

Prime Minister Mark Carney will travel to New York City on Wednesday and Thursday to meet with business leaders and pitch Canada as an investment destination, his office announced Sunday, as the country navigates a trade war with the United States just weeks before a mandatory review of the continental free trade agreement.

The Prime Minister’s Office said Carney will hold meetings with unspecified chief executives, entrepreneurs, business leaders and money managers during the two day trip. The announcement comes one day before Parliament is set to reconvene for the final stretch of sitting days before the summer break. The trip is part of a broader effort by Carney’s government to attract foreign capital, a theme he has emphasized since taking office.

Carney is also scheduled to deliver remarks at the Economic Club of New York on Thursday. The Prime Minister’s Office said the address will focus on “Canada’s new economic strategy” and how it is progressing. The speech is expected to outline the government’s approach to economic diversification and investment amid rising trade tensions with Washington.

The visit comes at a critical moment for Canada U.S. economic relations. The...