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Justin Trudeau Says Foreign Investment 'Key Priority' For Growth, Jobs In Canada

Darpan News Desk The Canadian Press, 22 Jan, 2016 12:26 PM
    DAVOS, Switzerland — The federal Liberals appear ready to swing open the doors to more foreign investment in Canada with Prime Minister Justin Trudeau calling it a key priority for his government.
     
    Trudeau says foreign investment is needed to help economic growth in Canada and the Liberals plan to work with national and international companies to create jobs domestically.
     
    Trudeau made the comments during a luncheon speech to a group of business leaders as part of the World Economic Forum in Davos, Switzerland.
     
    The summit in the Swiss Alps is a key networking event that gives governments access to some of the biggest and most influential business leaders in the world.
     
    Trudeau has used his time in Davos to meet with the heads of General Motors, Renault-Nissan, and later Friday with Asian e-commerce giant Alibaba to sell Canada as being more open for business than under the Conservatives and less focused on being a resource-based economy.
     
    At the luncheon, he urged Albertans to be resourceful in how they extracted resources and says the Liberals will be partners to Alberta right now.
     
    Resource-rich provinces like Alberta have been hit hard by declining oil prices and the low value of the loonie.
     
    TRUDEAU TO JOIN MELINDA GATES ON DAVOS PANEL ABOUT PATH TO GENDER PARITY
     
     
    At a meeting that is four-fifths men, Prime Minister Justin Trudeau is set to talk about gender parity today at the annual meeting of the World Economic Forum in Davos, Switzerland.
     
    His presence on a panel with Melinda Gates and Facebook COO Sheryl Sandberg stems from the parity in his cabinet and his "Because it's 2015" explanation he provided for it on the day he took office last November.
     
    During an event on Thursday, Trudeau told a group of young people that he wanted the gender parity and diversity in his cabinet to be the norm in politics.
     
    He said he hoped one day people wouldn't think of the makeup of his cabinet as a novelty.
     
    Trudeau will meet with Gates one-on-one before the panel.
     
    He also has meeting with executives from automaker Renault-Nissan Alliance and Asian e-commerce giant Alibaba.
     

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