Investors managing more than $100 trillion gathered in Toronto to advance 165 Canadian projects
PwC Canada has launched Advancing Canada's Major Projects, an interactive guide listing large-scale Canadian projects and their status and progress.
The launch was timed to the conclusion of Prime Minister Mark Carney's first Canada Investment Summit in Toronto.
The summit convened more than 100 of the world's largest investors, managing more than $100tn in assets combined, to advance more than 165 projects.
The federal government is positioning roughly $280bn in public capital and incentives against a target of $1tn in total investment across energy, critical minerals, transportation, advanced manufacturing, digital infrastructure and defence.
Canada is now "at the centre of a global conversation about investment and growth," Neil Manji, infrastructure, engineering and construction leader at PwC Canada, said in the announcement.
He said the highest-impact projects will be "connected systems that link energy, critical minerals, transportation and communities," rather than standalone assets.
PwC Canada said hundreds of large-scale projects are planned or under construction in the energy, mining, transportation and clean technology sectors.
The firm said major projects are increasingly planned as integrated systems connecting transportation, energy, digital networks, natural resources, supply chains and communities, rather than as individual assets.
The guide builds on PwC Canada's report Mobilizing Canada's US$4.7T opportunity, which projects that Canada will need US$4.7tn in infrastructure investment by 2050.
Canada ranks fourth globally in annual infrastructure spending at US$145bn, the report states, and invests 6.6 percent of GDP, below the 7.4 percent the report attributes to peers it classifies as high-performing.
Closing that gap requires an additional US$34bn a year by 2050, according to the report, which projects defence infrastructure will grow 389 percent, making it the fastest-growing Canadian sector in its analysis.
The report identifies three shifts: from isolated assets to integrated systems; from traditional funding to shared capital structures, including blended public-private investment and Indigenous economic participation; and from legacy delivery to workforce readiness.
