Carney secures $70-billion investment pledge from UAE as he concludes visit | Unpublished
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Source Feed: The Globe and Mail
Author: Dylan Robertson
Publication Date: November 21, 2025 - 06:39

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Carney secures $70-billion investment pledge from UAE as he concludes visit

November 21, 2025

Prime Minister Mark Carney says Ottawa is working on a $1-billion project aimed at expanding critical minerals processing capacity in Canada, while securing the equivalent of $70-billion in investment from the United Arab Emirates.

The announcements come as Carney concluded a visit to Abu Dhabi, which focused heavily on trade amid concerns about the war in Sudan.



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