The Globe and Mail reports in its Wednesday edition that chief executive officers from powerful global investors say Canada's efforts to attract capital have captured their attention, and now the country needs to deliver quickly on its promises. The Globe's James Bradshaw and Stefanie Marotta write that CEOs emerged from two days of frenetic meetings at the Canada Investment Summit in Toronto signalling their optimism that the cumbersome Canadian investment environment they had encountered in previous deals is on the cusp of changing for the better. "Canada is a bit of a sleeping giant, economically," said Blackstone president Jon Gray during a panel discussion Tuesday. In comments on and offstage, several CEOs said Canada's trusted reputation is intact, and contrasts well against a backdrop of volatility and uncertainty sweeping through trade relationships and financial markets. Executives are eyeing ways to invest capital in coveted Canadian resources, such as critical minerals, natural gas and clean energy, but those CEOs are waiting to see tangible signs of Canada's economy waking up, including a deeper pipeline of investable projects, regulatory and permitting barriers coming down, and a more generous tax regime.
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