The Canadian government appointed Rio Tinto Chair Dominic Barton to lead the Invest in Canada board. This appointment supports Prime Minister Mark Carney’s plan to attract C$1 trillion in investment over five years. The investment goal equals approximately $720 billion USD. The strategy prioritizes critical minerals, energy, and infrastructure.
Barton previously served as Canada’s ambassador to China and chairman of Teck Resources. The move aims to strengthen Canada’s role in global supply chains for electric vehicles and renewable energy.
Invest in Canada will align international capital with national resource development goals. The initiative targets the exploration, extraction, and processing of minerals essential for the green transition.