Trudeau markets Canada as tech hub in bid for global investment at Davos

In a speech to about 400 delegations at World Economic Forum, Davos, Switzerland, Prime Minister Justin Trudeau was remarkably upbeat as he called upon global billionaires and leaders of worldwide corporations to invest in Canada, saying the country has more to offer than oil and natural gas. 

Mr. Trudeau derided the former Conservative government’s focus on Canada as an energy superpower and rebranded Canada as a hub for technological innovation and skilled labour. “We have a diverse and creative population, outstanding education and health-care systems and advanced infrastructure. We have social stability, financial stability and a government willing to invest in the future...We have extraordinary high-tech sectors, innovative manufacturers, a really strong biotech and mostly an educated diverse work force that is excited about participating in the global economy." 

Mr. Trudeau held a series of private meetings Wednesday with global financial players that included billionaire investor George Soros, Microsoft CEO Satya Nadella, Facebook COO Sheryl Sandberg, Royal Dutch Shell CEO Ben van Beurden and 30 Canadian CEOs.

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Video: See the highlights of Trudeau's speech in two minutes