Prime Minister Mark Carney announced a potential $1-billion project to enhance critical minerals processing capacity in Canada, alongside securing a $70 billion investment from the United Arab Emirates. The statements were made as Carney wrapped up his trip to Abu Dhabi, emphasizing trade opportunities amidst concerns regarding the Sudan conflict. During a speech at the Canada-UAE Business Council, Carney expressed his satisfaction with the progress, highlighting the project’s job creation and long-term supply benefits for energy technologies and manufacturing sectors. He also invited Emirati investors to Canada to explore additional transformative projects.
Carney Announces $70B Investment in Canada after UAE Visit
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