Prime Minister Mark Carney concludes a high-profile visit to Saudi Arabia, the first by a Canadian leader in 26 years, and says Saudi investors are interested in Canadian assets. In discussions with Saudi officials, Carney highlights potential opportunities in Canada’s energy, mining, and infrastructure sectors. The visits coincide with the Saudi Public Investment Fund (PIF) accepting an invitation from Carney to travel to Toronto, according to reports.
One outlet also frames the trip as part of Carney’s broader strategy to diversify Canada’s economy, including reducing reliance on the United States. Across the accounts, the emphasis remains on bilateral outreach and investment talks rather than specific deal announcements. The coverage does not report the size or timing of any investments, focusing instead on interest areas and upcoming engagement between Canadian leadership and Saudi investment stakeholders.