One hundred of the world’s most powerful investment funds, controlling about $120 trillion between them, will be sending top executives to Toronto this September. There, they will attend a summit where Mark Carney will pitch “Canada, Inc.” to them in a bid to rustle up $500 billion in investment for major projects and reverse the catastrophic outflow of capital that Canada has experienced in the recent period.

Discussing the summit when it was announced back in April, Finance Minister François-Philippe Champagne explained, “There’s a lot of interest around Canada. So, now this summit is really about: How do you transform interest into projects and catalyze the momentum that we see?”