{"id":37518,"date":"2026-05-08T19:01:08","date_gmt":"2026-05-08T19:01:08","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/37518\/"},"modified":"2026-05-08T19:01:08","modified_gmt":"2026-05-08T19:01:08","slug":"carney-meeting-with-financial-ceos-to-pitch-economic-growth-agenda-mobilize-capital","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/37518\/","title":{"rendered":"Carney meeting with financial CEOs to pitch economic growth agenda, mobilize capital"},"content":{"rendered":"<p><a style=\"display:block\" href=\"https:\/\/www.theglobeandmail.com\/resizer\/v2\/BEA6LIHXCJGJ3BJZW6XCGKZHEI.JPG?auth=e220e39710422b2593cf13097518372288400eb12d08ae5ab589b7aa2d7e9505&amp;width=600&amp;height=400&amp;quality=80&amp;smart=true\" aria-haspopup=\"true\" data-photo-viewer-index=\"0\" rel=\"nofollow noopener\" target=\"_blank\">Open this photo in gallery:<\/a><\/p>\n<p class=\"figcap-text\">Prime Minister Mark Carney arrives at his Ottawa office on Friday ahead of his roundtable with financial executives in Toronto.Sean Kilpatrick\/The Canadian Press<\/p>\n<p class=\"c-article-body__text text-pr-5\">Prime Minister Mark Carney is set to meet with Bay Street executives on Friday afternoon in Toronto to sell the government\u2019s economic growth agenda and push for more investment from business leaders. <\/p>\n<p class=\"c-article-body__text text-pr-5\">At the beginning of the week, the Prime Minister\u2019s office reached out to chief executive officers at some of the country\u2019s largest banks and pension plans to schedule an hour-long roundtable on \u201cfostering effective public-private cooperation,\u201d according to an invitation reviewed by The Globe and Mail. <\/p>\n<p class=\"c-article-body__text text-pr-5\">Mr. Carney invited CEOs to share their views on two issues. The first is Canada\u2019s current economic conditions and outlook. The second item on the agenda is \u201cpromoting economic growth and mobilizing capital.\u201d<\/p>\n<p class=\"c-article-body__text text-pr-5\">Getting Canadian companies to invest more, and banks to lend more freely, has been top of mind for Mr. Carney since his days as governor of the Bank of Canada beginning in 2008.<\/p>\n<p class=\"c-article-body__text text-pr-5\">In 2012, as head of the central bank, <a href=\"https:\/\/www.theglobeandmail.com\/report-on-business\/economy\/free-up-dead-money-carney-exhorts-corporate-canada\/article4493091\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/report-on-business\/economy\/free-up-dead-money-carney-exhorts-corporate-canada\/article4493091\/\">Mr. Carney took a swing<\/a> at corporate Canada, accusing companies of sitting on huge piles of \u201cdead money\u201d that should be invested productively or returned to investors.<\/p>\n<p class=\"c-article-body__text text-pr-5\">The Prime Minister is also expected to update CEOs on trade negotiations between Canada, the United States and Mexico, according to sources at the financial institutions. The Globe and Mail is not naming the sources because they are not permitted to discuss the meeting. <\/p>\n<p class=\"c-article-body__text text-pr-5\">On Thursday, a <a href=\"https:\/\/www.theglobeandmail.com\/business\/article-mexico-trade-mission-to-canada-usmca-review\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/business\/article-mexico-trade-mission-to-canada-usmca-review\/\">trade delegation from Mexico arrived in Toronto<\/a> and was greeted by Dominic LeBlanc, Canada\u2019s Minister responsible for Canada-U.S. trade. The Mexican group is also going to Montreal and has scheduled more than 1,800 business-to-business meetings. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The CEOs of at least three major banks and pension funds are expected to attend the meeting, according to the sources. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The Prime Minister is expected to attend both the <a href=\"https:\/\/www.theglobeandmail.com\/sports\/basketball\/article-toronto-tempo-wnba-debut-basketball\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.theglobeandmail.com\/sports\/basketball\/article-toronto-tempo-wnba-debut-basketball\/\">Toronto Tempo\u2019s WNBA debut<\/a> \u2013 their opponent in Friday night\u2019s game is the Washington Mystics \u2013 and a gala staged by <a href=\"https:\/\/canada2020.ca\/events\/an-evening-with-president-barack-obama\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/canada2020.ca\/events\/an-evening-with-president-barack-obama\/\">think tank Canada 2020<\/a> featuring a speech from former U.S. President Barack Obama. <\/p>\n<p class=\"c-article-body__text text-pr-5\">After the economic roundtable with CEOs, the Prime Minister will meet with the President of Guyana, Dr. Mohamed Irfaan Ali, according to his official agenda.<\/p>\n<p class=\"c-article-body__text text-pr-5\">Former prime minister Stephen Harper would often arrange informal meetings with CEOs when visiting Toronto on government business, according to an executive at one of the financial institutions invited to the session with Mr. Carney. <\/p>\n<p class=\"c-article-body__text text-pr-5\">The gatherings stopped after Justin Trudeau took power in 2015, although former finance minister Chrystia Freeland routinely sat down with Bay Street executives in the same office Mr. Carney is using for Friday\u2019s meeting. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Prime Minister Mark Carney arrives at his Ottawa office on Friday ahead of&hellip;\n","protected":false},"author":2,"featured_media":37474,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[164,224,238,214,212,239,17,211,230,231,227,213,210,235,171,234,143,222,249,215,216,229,225,226,219,240,111,220,244,245,247,242,246,94,243,217,142,233,113,232,241,223,236,237,228,221,218,248],"class_list":{"0":"post-37518","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mark-carney","8":"tag-alberta","9":"tag-arts-news","10":"tag-bc","11":"tag-breaking-news","12":"tag-breaking-news-video","13":"tag-british-columbia","14":"tag-canada","15":"tag-canada-news","16":"tag-canada-sports","17":"tag-canada-sports-news","18":"tag-canada-trafficcanada-weather","19":"tag-canadian-breaking-news","20":"tag-canadian-news","21":"tag-economy","22":"tag-education","23":"tag-environment","24":"tag-federal-government","25":"tag-foreign-news","26":"tag-globe-and-mail","27":"tag-globe-and-mail-breaking-news","28":"tag-globe-and-mail-canada-news","29":"tag-government","30":"tag-life-news","31":"tag-lifestyle","32":"tag-local-news","33":"tag-manitoba","34":"tag-mark-carney","35":"tag-national-news","36":"tag-new-brunswick","37":"tag-newfoundland-and-labrador","38":"tag-northwest-territories","39":"tag-nova-scotia","40":"tag-nunavut","41":"tag-ontario","42":"tag-pei","43":"tag-photos","44":"tag-political-news","45":"tag-political-opinion","46":"tag-politics","47":"tag-politics-news","48":"tag-quebec","49":"tag-sports-news","50":"tag-technology","51":"tag-travel","52":"tag-trudeau","53":"tag-us-news","54":"tag-world-news","55":"tag-yukon"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/37518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=37518"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/37518\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/37474"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=37518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=37518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=37518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}