Nova Scotia will be showcasing 20 projects – including Wind West and the Melford International Terminal – at the two-day Canada Investment Summit in Toronto this week. The first-ever summit, which runs on Monday and Tuesday, is designed to attract $1 trillion in investments for Canadian projects over five years. “We are more determined than ever to make Nova Scotia and Canada stronger by seizing the tremendous opportunities before us to build our economy and diversify to new trade markets,” said Premier Tim Houston in a news release. “The world wants what Nova Scotia has to offer, and I’m looking forward to speaking to investors about the safe and responsible development of our resources to help protect family pocketbooks from a global affordability crisis.” According to the Nova Scotia government, the province’s offshore area has an estimated 148 trillion cubic feet of natural gas and 49 billion barrels of potential oil. It also has average wind speeds of nine-to-11 metres per second. Houston will attend the summit along with chief of staff Nicole LaFosse, Department of Growth and Development Deputy Minister Chris Morrissey, and Department of Energy Associate Deputy Minister David MacGregor. New Brunswick New Brunswick Premier Susan Holt and Natural Resources Minister John Herron will also be attending the summit, pitching their province’s investment opportunities in critical minerals, advanced materials, energy and digital infrastructure. According to a news release from the New Brunswick government, projects like the Mactaquac lifetime achievement, the Sisson Mine, the Belledune port expansion, the Lorneville data centre and more represent north of $30 billion in capital investment opportunities. “We have major projects with the potential to bring billions of dollars in investment and create good-paying jobs, and we are ready to work with investors to turn that potential into action,” Herron said in the release. “The Canada Investment Summit is an important opportunity to put New Brunswick’s projects on the radar of investors and build the partnerships needed to get them moving.” For more Nova Scotia news, visit our dedicated provincial page
