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Canada Investment Summit on September 14-15 could lead to financing for megaprojects opposed by Indigenous land defenders

Instagram post: Gitanyow Hereditary Chief Watahayetsxw, Lax’yip Firekeeper Drew Harris, and Wet’suwet’en Hereditary Chief Na’Moks stated their opposition to Prime Minister Mark Carney’s “nation-building projects” announcement, in Terrace, British Columbia, in November 2025. Image by Dogwood.

Canadian Prime Minister Mark Carney will be convening “the first-ever Canada Investment Summit” that is reportedly to begin with a gala dinner on the evening of Monday September 14 and then continue on Tuesday September15, 2026, at a luxury hotel in downtown Toronto. The stated intention of the summit is to help “catalyse $1 trillion in total investment in Canada over the next five years”, including “new investment into Canada to advance Canada’s nation-building projects”.

This $1 trillion is to be “enabled” by the government with $280 billion in “capital investments and incentives in support of third parties”.

Bloomberg News reports: “The summit’s attendees will represent the largest collection of assets under management ever assembled in one place in Canada, according to one official, speaking on condition they not be named because the list and the agenda are still private. The government’s intention is to make it a recurring event.”

New York City-based Blackstone President Jonathan Gray and BlackRock CEO Larry Fink, along with London-UK-based Barclays CEO C.S. Venkatakrishnan have confirmed their attendance at this summit.

Notably, Blackstone Inc. is the biggest investor behind Western LNG, the Texas-based company seeking to build the Prince Rupert Gas Transmission (PRGT) fracked gas pipeline on Gitanyow and Gitxsan territories in northern British Columbia.

It has also been reported that Saudi Arabia’s Public Investment Fund (PIF) and Australia’s IFM Investors Pty Ltd. (IFM) will be there as could be investment fund representatives from the United Arab Emirates.

And it is possible if not likely that Export Development Canada (EDC) will have representation at this investment summit.

Major projects on the agenda

This summer, Global News commented: “A central theme of Carney’s leadership over the last year and a half has been about making Canada more attractive to businesses and investment — creating a Major Projects Office (MPO) to stickhandle files of national significance, reducing regulatory burdens, aggressively seeking out new trade partnerships and jettisoning environmental protections.”

Bloomberg News confirms that the Major Projects Office (MPO) is involved in the organizing of the investment summit.

Bianca Mugyenyi notes in Canadian Dimension: “The summit’s focus will be major infrastructure projects and creating a setting in which investors can assess opportunities, with the Prime Minister’s Office encouraging invited firms to announce investments or commitments. The CEOs in attendance will also discuss arms contracts, critical minerals, and AI data centres. Manitoba, meanwhile, will be promoting the expansion of the Port of Churchill, which is largely designed to boost extractivist exports”

Ksi Lisims, PRGT, LNG Canada

The Prime Minister has been clear that this upcoming investment summit in Toronto next month is “focused on attracting new investment into Canada to advance Canada’s nation-building projects…”.

In November 2025, the prime minister’s announcement on “nation-building projects referred to the Major Projects Office” included the Ksi Lisims LNG terminal along with the Prince Rupert Gas Transmission Project.

The “nation-building projects” to be fast-tracked that were announced in September 2025 included LNG Canada Phase 2.

The Globe and Mail has reported that “Ksi Lisims is expected to make a final investment decision in 2026” while “industry analysts expect LNG Canada to make a final investment decision by the end of 2026 on whether to proceed with Phase 2.”

The investment summit on September 14-15, 2026, could fit within this timeline of a year-end final investment decision.

Just two weeks ago, CBC News reported: “A positive final investment decision would see construction start on the [Ksi Lisims] facility and [Prince Rupert Gas Transmission] pipeline in early 2027.”

Indigenous land and environmental defenders

On April 14, 2026, PBI-Canada observed in Ottawa the call from Wet’suwet’en Hereditary Chief Na’Moks, Gitxsan hereditary leader Gwii Lok’im Gibuu (Jesse Stoeppler), Union of BC Indian Chiefs (UBCIC) Women’s Representative Katisha Paul for Export Development Canada (EDC) to reject funding and support for the proposed Ksi Lisims LNG terminal and LNG Canada Phase 2 expansion.

On November 13, 2025, we noted that Gitanyow Hereditary Chief Watahayetsxw (Deborah Good) vowed to establish another blockade on her territory in northern British Columbia in response to the prime minister’s endorsement of Ksi Lisims.

PBI-Canada continues to be concerned about the safety of Indigenous land defenders opposed to megaprojects on their territories. We are particularly concerned about the Royal Canadian Mounted Police (RCMP) Critical Response Unit-British Columbia (CRU-BC). The CRU-BC is the rebranded Community-Industry Response Group (C-IRG), the subject of a systemic investigation by the Civilian Review and Complaints Commission (CRCC) expected to be released by October 15, 2026.

We continue to follow this.

Additional reading

The Many vs the Money: Counter-Summit & Day of Action (Toronto, September 12-13, 2026)

Canada’s $1 Trillion Investment Agenda Runs Through Indigenous Land (London, United Kingdom, April 27, 2027).

Planned protest, September 14, 2026, in Toronto.

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