Marcos' Canada trip yields $2.5B in investments

WorldBusiness & Finance
5 Jul 2026 • 5:37 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Marcos' Canada trip yields $2.5B in investments

VANCOUVER, Canada — President Ferdinand Marcos Jr. on Saturday (Sunday in Manila) concluded his four-day official visit to Canada with $2.5 billion in investment commitments from major Canadian companies.

Speaking to reporters here, Marcos said the meetings with Canadian Prime Minister Mark Carney, government officials, and business leaders strengthened cooperation in security, trade, energy, technology, and investment.

"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 his post-visit statement.

Marcos said he and Carney agreed to elevate bilateral ties, describing the move as both a recognition of the longstanding relationship between the two countries 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.

"This move, while reflective of the deep and strong bilateral relations that we have developed with Canada, also catalyzes our next steps towards the new phase of our relations in ensuring the sustained and dynamic growth of our bilateral ties," he added.

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