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Marcos secures $2.5B in Canada investment pledges
President Marcos Jr. secured $2.5B in investment pledges from Canadian firms during a four-day visit, covering energy, tech, and infrastructure sectors.
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VANCOUVER, Canada – President Ferdinand Marcos Jr. wrapped up a four-day official visit to Canada on Saturday with $2.5 billion in investment commitments from major Canadian companies, his office said.
Marcos told reporters the meetings with Canadian Prime Minister Mark Carney, government officials, and business leaders deepened cooperation in security, trade, energy, technology, and investment. He described the trip as productive.
"I am pleased to report on the productive meetings that we have had with Canada's top government officials and key economic players during our stay here in Vancouver, British Columbia," the President said in a post-visit statement.
Marcos said he and Carney agreed to elevate bilateral ties, calling the move both a recognition of the longstanding relationship and a roadmap for deeper cooperation. "Ushering in a new chapter in our ties with Canada, Prime Minister Carney and I announced the elevation of Philippine-Canada relations to a strategic partnership," Marcos said.