Today, the Prime Minister, Mark Carney, participated in a virtual leaders’ call focused on ensuring freedom of navigation in the Strait of Hormuz. The call was co-hosted by the President of France, Emmanuel Macron, and the Prime Minister of the United Kingdom (UK), Sir Keir Starmer.The leaders discussed the rapidly evolving security and economic situation affecting the Strait, including severe disruptions to global maritime traffic, energy markets, and critical supply chains. They welcomed the ceasefire between Israel and Lebanon, and the announcement that Iran will be reopening the Strait. They underscored that threats to navigation in the Strait of Hormuz pose a direct challenge to international law, global economic stability, and global shipping.Prime Minister Carney expressed Canada’s full solidarity with Gulf partners who have faced recent retaliatory attacks and economic pressure. He welcomed France and the UK’s leadership to advance coordinated diplomatic and planning efforts to restore safe and reliable passage through this essential corridor. The Prime Minister stressed the importance of international cooperation to protect navigation rights and promote stability for commercial shipping through a defensive framework grounded in international law.Canada stands ready to take further action to ensure safe passage through the Strait, including through diplomatic engagement, international advocacy, and support for crew safety and security.Prime Minister Carney urged all parties to remain engaged in negotiations and to avoid actions that could further destabilise the region.Associated linkJoint statement from the leaders of Canada, the United Kingdom, France, Germany, Italy, the Netherlands and Japan on the Strait of Hormuz

The world is changing rapidly. In response, Canada’s new government is focused on what we can control. We are building a stronger economy with an ambitious plan to catalyse $1 trillion in total investment in Canada over the next five years.Canada has what the world wants. We are a superpower in both clean and conventional energy, with vast deposits of critical minerals. We have free trade deals with countries covering 1.5 billion people and are the most-tax competitive country in the G7 for new business investment. We have one of the world’s most educated workforces, the lowest net debt-to-GDP ratio in the G7, and the fiscal capacity to act decisively. Our government is ensuring that these strengths benefit all Canadians, as we build a Canada for all.To that end, the Prime Minister, Mark Carney, today announced that the first-ever Canada Investment Summit will take place from September 14 to 15, 2026, in Toronto, Ontario. This Summit will convene the world’s largest investors, including top CEOs, entrepreneurs, and prominent global business leaders. The Summit is focused on attracting new investment into Canada to advance Canada’s nation-building projects, create new career opportunities for Canadians, and grow our economy.The Summit will be hosted by the federal government in partnership with the Canada Pension Plan Investment Board (CPP Investments) and the Public Sector Pension Investment Board (PSP Investments), two of Canada’s largest and most sophisticated institutional investors.Over the past year, Canada’s new government embarked on a clear mission to position Canada as a top destination for foreign direct investment (FDI). This Summit builds on the progress over the past 12 months: Canada has secured more than 20 new economic and defence partnerships and $97 billion in foreign investment commitment.Canada’s new government is building a stronger, more independent, more resilient economy. The Canada Investment Summit is critical to that mission. It will attract investment into major projects and industries that make us more competitive – clean energy, critical minerals, and new technologies and artificial intelligence. These are the sectors that create thousands of new high-paying careers, empowering Canadians to build the future they want for themselves and a stronger, more prosperous Canada for all.Quotes“Canada has what the world wants. We’re an energy superpower, with the most educated workforce in the world and rock-solid fiscal strength. The first-ever Canada Investment Summit will capitalise on those advantages to help drive billions in new investments into Canada. That means more growth for our businesses, more high-paying career opportunities, and a stronger, more independent Canadian economy for all.”The Rt. Hon. Mark Carney, Prime Minister of Canada“The Canada Investment Summit sends a signal that Canada is a serious economic partner on the global stage. At a time of unprecedented trade disruption, our bold mission to unlock $1 trillion in new capital will create growth, good jobs, and long-term prosperity for Canadians. Canada has what the world needs, and we are rising to that call by building a stronger Canada for all.”The Hon. Maninder Sidhu, Minister of International Trade“CPP Investments is proud to support the Summit and to help convene many of the world’s leading institutional investors and long-term partners in Canada. As a global investor with a strong home base, we believe Canada is at its best when it brings together public and private sector leaders to showcase the country’s strengths, deepen commercial relationships, and catalyse lasting economic value. Our participation reflects both our ambition to work even more closely with our partners from around the world and our responsibility to manage the fund in the best interests of CPP contributors and beneficiaries. A strong and competitive Canada matters to our organisation, to our international relevance, and to our ability to continue delivering long-term results.”John Graham, President and Chief Executive Officer of CPP Investments“As one of Canada’s largest pension investors, we’re proud to co-host the first-ever Canada Investment Summit. This forum is a powerful opportunity to bring the world’s leading investors together here, at home, to spotlight Canada’s long-term strengths and investment opportunities, and to help catalyse new relationships and partnerships that can drive increased investment into our country.”Deborah K. Orida, President and Chief Executive Officer of PSP InvestmentsQuick factsOver five years, the government’s capital investments and incentives in support of third parties, totalling about $280 billion, are expected to enable more than $1 trillion in total investment from public, private, and institutional partners.Canada consistently ranks among the top destinations for FDI confidence, with a AAA credit rating, the lowest net debt-to-GDP ratio in the G7, and the number one ranking among G7 countries for banking stability.We have the world’s most educated workforce, a leading artificial intelligence sector that is adding jobs faster than the United States, and a $140 billion quantum opportunity.With 16 free trade agreements across 51 countries, Canada has preferential access to 1.5 billion consumers representing two thirds of global GDP.We have the best tax treatment for new business in the G7, and our Productivity Super-Deduction will further reduce the marginal effective tax rate (METR) by more than two percentage points.Since September 2025, 15 projects and six transformative strategies have been referred to the Major Projects Office across nuclear, LNG, critical minerals – such as nickel, graphite, and tungsten – and transportation infrastructure. Together, these projects represent over $126 billion in investments in our economy.

Note: All times localNational Capital Region, Canada11:15 a.m. The Prime Minister will meet with the Premier of Québec, Christine Fréchette.Note for media:Pooled photo opportunity at the beginning of the meeting

Today, the Prime Minister, Mark Carney, spoke with the President of Türkiye, Recep Tayyip Erdoğan.Prime Minister Carney expressed his deepest condolences to President Erdoğan on the tragic school shootings in Türkiye.The Prime Minister and the President expressed their shared concern over the evolving security situation in the Middle East. Prime Minister Carney underscored Canada’s solidarity with Türkiye in light of recent missile activity affecting Turkish airspace and surrounding areas.Prime Minister Carney and President Erdoğan emphasised progress underway to deepen commercial, defence, and energy partnerships between Canada and Türkiye. This includes expanding bilateral trade and investment, strengthening cooperation in nuclear energy, and new opportunities in defence procurement through the Defence, Security and Resilience Bank. As Türkiye prepares to host the 2026 United Nations Climate Change Conference (COP31) in Antalya in the fall, the leaders looked forward to identifying additional opportunities in clean energy investments and cooperation.On Ukraine, the Prime Minister welcomed Türkiye’s diplomatic initiatives in the face of Russia’s continued aggression, including the facilitation of humanitarian engagement and prisoner exchanges.Prime Minister Carney recognised Türkiye’s leadership as host of the NATO Summit that will take place in Ankara on July 7, an opportunity to reinforce defence and security cooperation.The leaders agreed to remain in close contact.Associated linkCanada-Türkiye relations

Today, the Prime Minister, Mark Carney, met with the President of Finland, Alexander Stubb, during the President’s visit to Canada. This is the first visit to Canada by a Finnish president in 12 years.Following the success of last month’s Canada-Nordic Summit in Oslo, Norway, Prime Minister Carney and President Stubb discussed the importance of like-minded countries working together to ensure shared security and economic prosperity. The leaders issued a joint statement.As the first pillar of cooperation, Canada and Finland will strengthen collaboration on Arctic science, research, and maritime security. To this end, Canada and Finland welcomed the signing of a memorandum of understanding (MOU) to strengthen cooperation in maritime capabilities and industrial partnerships.Second, Prime Minister Carney and President Stubb committed to increased cooperation on advanced technologies to deliver shared economic benefits, grow capacity, and reduce dependencies in an increasingly contested digital landscape. As part of this effort, Canada and Finland signed a joint statement to strengthen cooperation on sovereign technology and artificial intelligence (AI). Canada and Finland will collaborate on research and innovation in high-performance computing and AI, enabling AI adoption across industry and government, and identifying investment opportunities that scale up small and medium-sized enterprises.The leaders welcomed the signing of a MOU between Export Development Canada and Nokia to support Nokia’s efforts to build AI gigafactories. Canada and Finland will also expand collaboration across quantum research, innovation, commercialisation, and workforce development – including through a Canadian quantum trade mission to Finland. The leaders committed to strengthening linkages across the broader Canadian-Finnish quantum ecosystem, including among universities, research institutions, startups, and established technology firms. The leaders also underscored enhanced cooperation on resource development, including critical minerals, to support the global energy transition.Finally, as NATO Allies and close partners, the leaders reaffirmed their commitment to investing 5% of GDP in defence and security by 2035. Canada and Finland announced the launch of negotiations on a General Security of Information Agreement between our countries to strengthen intelligence-sharing, deepen defence cooperation, and open opportunities for our industries.Prime Minister Carney emphasised the opportunities to deepen Canada’s commercial ties with Finland, including by leveraging the Canada-European Union Comprehensive Economic and Trade Agreement.Prime Minister Carney and President Stubb agreed to remain in close contact.Associated linkCanada-Finland relations

Note: All times localNational Capital Region, Canada10:00 a.m. The Prime Minister will attend the National Caucus meeting.West BlockParliament Hill2:15 p.m. The Prime Minister will attend Question Period.West BlockParliament Hill

“At a time of global transformation, marked by strategic competition and an emerging international order, Canada and Finland share a common conviction: we must pursue both strategic autonomy and strategic cooperation to safeguard shared security and prosperity in an uncertain world. Our approach is one of values-based realism, upholding universal values, respecting diversity, and recognising that global challenges must be addressed through broad-based cooperation that transcends traditional partnerships. In this spirit, we are investing in our people, our economies, and our security, while building coalitions grounded in shared values and interests. As trusted partners, Allies, and friends, we met in Ottawa on April 14, 2026, to advance a forward-looking agenda for the next phase of Canada-Finland relations, focused on cooperation in the Arctic and maritime domains, defence, security and resilience, and cutting-edge technology.Strengthening arctic and maritime cooperationAs Arctic nations, we will advance shared priorities through stronger Arctic research, education, including indigenous-led education, and knowledge exchange, and closer cooperation on Arctic security, maritime safety, and polar capabilities. We will draw on our circumpolar expertise to pursue a joint research program between higher education institutions and research institutes and infrastructure. Building on existing close cooperation in shipbuilding, ice-capable vessels and technologies, climate action and Arctic infrastructure, we will strengthen our collective capabilities in support of sustainable Arctic development, Allied security, and safe, responsible navigation in northern waters.In this context, we welcome the signing of the Canada–Finland Maritime Memorandum of Understanding, which establishes a framework for closer cooperation on maritime and ice capabilities. This includes collaboration on icebreaker development, the broader maritime industrial ecosystem, including SMEs supporting shipbuilding, and joint work under the Icebreaker Collaboration Effort (ICE Pact). The MoU is intended to deepen ties between Canadian and Finnish industry and research institutions while advancing innovation in shipbuilding, ports, and marine technologies.Deepening defence, security, and resilience cooperationAs NATO Allies, Canada and Finland reaffirm our shared commitment to the rules-based international order and to our collective security. We will deepen defence and security cooperation through information sharing, training, and interoperability. We are launching negotiations on a General Security of Information Agreement between Canada and Finland that will strengthen information-sharing, deepen defence cooperation, and open opportunities for our industries. We will continue to find opportunities to train together both in Finland and in Canada in exercises like Cold Response and Operation Nanook. We will remain unfaltering in our support for Ukraine’s independence, sovereignty and territorial integrity in the face of Russia’s war of aggression. Ukraine’s security is integral to European and Euro-Atlantic Security.We will work together to realise our commitment to invest 5% of Gross Domestic Product (GDP) in our defence and security by 2035. We recognise that this will require building out our defence industrial bases. For this reason, together, we will explore various financial instruments to mobilise the necessary capital to drive defence production in allied and partner countries. We will broaden our cooperation to counter hybrid threats, strengthen whole-of-society resilience, and enhance preparedness in the Arctic and beyond. This includes close cooperation and leadership through the European Centre of Excellence for Countering Hybrid Threats in Helsinki.Cutting edge technology and strategic sector cooperationWe welcome the Canada-Finland Joint Statement on Sovereign Technology and AI Cooperation, which aims to expand cooperation on advanced technologies in a way that delivers shared economic benefits. We will deepen coordination to strengthen sovereign technology, helping to grow capacity and reduce dependencies in an increasingly contested digital landscape. This includes exploring Finland's participation in the Sovereign Technology Alliance.We will collaborate on research and innovation in high performance computing and artificial intelligence (AI), including by enabling AI adoption across industry and governments and identifying investment opportunities that scale up small and medium sized enterprises (SMEs). We will also continue to cooperate on research and development in network communication technologies that will underpin sovereign AI infrastructure. This includes promoting growth opportunities to our telecommunications industries through multilateral initiatives such as the Global Coalition on Telecommunications (GCOT).  AI gigafactories will harness massive computing power to develop, train and deploy advanced AI models and applications. In this context, we welcome the longstanding cooperation between Export Development Canada and Nokia and note the MOU signed this week to support Nokia’s efforts to build AI Gigafactories.We are exploring cooperation opportunities in high-performance computing, AI, data services, and related initiatives jointly through the CSC – IT Center for Science in Finland and the Digital Research Alliance of Canada. This will allow collaboration in application domains such as health data, earth sciences and arctic research.Recognising the growing strategic importance of quantum technologies, we will explore ways to advance shared objectives across quantum research, innovation, commercialisation, and workforce development, including through a Canadian quantum trade mission to Finland. Taking note of our wider international commitments, we will strengthen linkages across the broader Canadian–Finnish quantum ecosystem, including among universities, research institutions, startups, and established technology firms, in a way that delivers mutual economic benefit.Critical minerals will fuel technologies of the future and our economies. Given the parallels between Canada and Finland’s geological landscape, we will strengthen joint development and application of geoscience research between our national geological surveys on critical minerals, Arctic and broader geoscience research, in accordance with the existing Canada-European Union (EU) Strategic Partnership on Raw Materials. This will include enhanced technical exchange on methodologies and datasets to secure critical minerals supply chains and complement broader Canada-EU cooperation.We will work together to expand bilateral trade and investment, including by leveraging the Canada-European Union Comprehensive Economic and Trade Agreement (CETA), to strengthen industry-to-industry partnerships and to develop trusted and resilient supply chains that underpin long-term growth and competitive green economies. The inclusion of a large business delegation of Finnish chief executive officers from across maritime, mining, defence and aerospace, and advanced connectivity sectors – space, artificial intelligence, and quantum technologies – creates new opportunities for workers and businesses in both our countries.Building on the Canada and Finland joint statement on foreign and security policy strategic partnership of August 19, 2025, our Foreign Ministers have developed an action plan to step up economic, security, Arctic and multilateral collaboration.Our cooperation reflects the shared conviction that we are stronger when our societies are resilient, inclusive and prepared for the future; when our economies are diversified and innovation-driven; and when our alliances are rooted in respect and trust.”

The world is changing rapidly. In response, Canada’s new government is focused on what we can control. We are building a stronger, more independent, more resilient economy – an economy built on the solid foundation of strong Canadian industries and workers, bolstered by diverse international trade partners.That’s why Canada’s new government is diversifying our trade partnerships – securing more than 20 economic and security partnerships across four continents. To seize the full potential of these partnerships, Canada’s new government is partnering with provinces, territories, and Indigenous governments to build new ports, highways, and trade and energy corridors at speed and scale.Today, the Prime Minister, Mark Carney, and the Premier of Manitoba, Wab Kinew, announced the new Co-operation Agreement between Manitoba and Canada on Environmental and Impact Assessment.This agreement will bring a “one project, one review” approach to major infrastructure initiatives in Manitoba. Canada and Manitoba will implement a streamlined and flexible assessment process that minimises duplication and delivers major projects faster while reinforcing strong environmental protections and upholding the rights of Indigenous Peoples. This ensures both governments can adopt the most effective assessment process on a case-by-case basis – either by relying on Manitoba’s process or by implementing a coordinated federal-provincial approach.The new Co-operation Agreement will help accelerate major infrastructure projects across Manitoba – getting shovels in the ground faster on projects like the Port of Churchill Plus. This project would modernise the Port of Churchill by advancing potential improvements, such as an all-weather road, rail line enhancements, a new energy corridor, and strengthened marine ice-breaking capacity. Together, these upgrades would establish a reliable trade corridor in the North, enabling Canada to export more resources to European markets. In September 2025, Canada’s new government referred this project to the Major Projects Office to help move it forward. Since then, the federal government has provided $500,000 to enable decision-making led by First Nations, the Assembly of Manitoba Chiefs, and the Manitoba Métis Federation, as well as the development of the Manitoba Crown Indigenous Corporation to help lead the project, while also working with the private sector through the MPO to explore efficient ways to move critical minerals and LNG through the port. Now, with today’s Co-operation Agreement, Canada and Manitoba can pool our resources to further advance this project and unlock its full potential.This agreement builds on the strong partnership between the governments of Canada and Manitoba – a partnership rooted in a shared mission to build big and build fast. It is the seventh impact assessment agreement Canada has reached with a province, following agreements with Alberta, Nova Scotia, Prince Edward Island, Ontario, New Brunswick, and British Columbia.Quotes“Today’s agreement between Canada and Manitoba means shovels in the ground faster on major infrastructure projects that will transform our economy. Together, we are cutting red tape and streamlining approvals to build new trade and energy corridors that will power our industries, create thousands of high-paying Canadian careers, and expand our reach in global markets. We’re building Manitoba strong to build Canada strong.”The Rt. Hon. Mark Carney, Prime Minister of Canada“Manitobans are excited about building up the port of Churchill to create good jobs, chart new trade routes for Canadian goods, and finally make Manitoba a ‘have province.’ Today marks an important step in our ongoing collaboration with the federal government to streamline regulatory processes and set the right conditions for private sector investment in our Arctic port as we continue to work with Indigenous nations, the Major Projects Office, and other stakeholders to advance the Churchill Plus project.”The Hon. Wab Kinew, Premier of Manitoba“By adopting a ‘one project, one review’ approach, we are streamlining federal and provincial assessments under a single, coordinated process. Together, Canada and Manitoba are unlocking transformative opportunities for investment, trade, and good-paying careers that will strengthen the economy and build a stronger, more sustainable future for Manitobans and all Canadians.” The Hon. Dominic LeBlanc, President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy“Today’s agreement with Manitoba will help us build faster and smarter in the province I am proud to have grown up in. In Manitoba and beyond, ‘one project, one review’ means less duplication, more certainty, and a clearer path to unlock projects that will grow our economy, strengthen our energy security, and create good jobs.”The Hon. Tim Hodgson, Minister of Energy and Natural Resources“This agreement demonstrates our commitment to working together for a cleaner environment and a stronger economy, ensuring that major projects move forward efficiently and responsibly – while maintaining Canada’s world-leading environmental standards and upholding constitutional obligations to Indigenous Peoples.”The Hon. Julie Aviva Dabrusin, Minister of the Environment, Climate Change and Nature“We are proud to announce this agreement that will allow us to move forward in developing the Port of Churchill while ensuring rigorous environmental standards and protecting the rights of Indigenous and Northern communities. This is a balanced and sustainable approach that will open opportunities to grow our economy through investment and trade and create good jobs for Manitobans while protecting Manitoba’s unique lands and waters.”The Hon. Mike Moyes, Manitoba’s Minister of Environment and Climate ChangeQuick factsToday’s agreement between Canada and Manitoba is the seventh of its kind, following those with Prince Edward Island, Ontario,  New Brunswick, Alberta,  Nova Scotia, and a previously established agreement on impact assessments with British Columbia.Last month, Prime Minister Carney announced new projects in Canada’s Arctic and Northern region being referred to the Major Projects Office, building on two previously announced tranches of projects across the country (see tranches one and two). These projects represent a combined potential investment of more than $126 billion in our economy and will create thousands of well-paying careers for Canadians.The MPO is providing $40 million over three years to increase the capacity of Indigenous Peoples to engage early and consistently on major projects.The Port of Churchill Plus project is part of a larger vision to unlock an Indigenous-owned energy corridor in Manitoba. This project would be developed in close cooperation with Manitoba’s new Crown-Indigenous Corporation. Both the federal and provincial governments are working with the town of Churchill, Manitoba, the Arctic Gateway Group, as well as Nunavut and Inuit to advance this project.Related productCo-operation Agreement between Manitoba and Canada on Environmental and Impact AssessmentAssociated linksBasics of co-operation in federal impact assessmentsImpact assessment processImpact Assessment Agency of Canada

Today, the Prime Minister, Mark Carney, spoke with the President of Chile, José Antonio Kast.Prime Minister Carney congratulated President Kast on his inauguration last month. The leaders discussed expanding partnerships across key sectors, including aerospace, critical minerals, Antarctic research, and advanced defence technologies, as well as joint efforts to advance the Canada-Chile Strategic Partnership Framework.With over $27 billion in investments, Canada remains Chile’s top foreign investor. Prime Minister Carney and President Kast highlighted this as evidence of continued success in the strong and growing Canada-Chile trade relationship under the Canada-Chile Free Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).Both leaders expressed their commitment to rules-based trade and noted the stable and fair regulatory environments their two economies offer to partners.Prime Minister Carney and President Kast agreed to remain in close contact.Associated linkCanada-Chile relations