Prime Minister Mark Carney said Sunday he expects to secure a foreign investment agreement with Qatar this summer after years of “stalled” talks, as well as begin negotiating a double taxation deal that could make it easier for its sovereign wealth fund to back major projects. (The Logic)

Talking point: Qatar has double taxation agreements with more than 80 countries (but not the U.S.). Such treaties, as the name suggests, are designed to avoid income being taxed more than once. They can also cut the absolute level of taxes, including for investment funds. That is what Brian Ernewein, a senior adviser on tax policy at KPMG, thinks is at play here. “That can obviously affect the economics and the decision to whether to invest in Canada or other countries,” he said. Carney said representatives of the Qatar Investment Authority, which has US$580 billion in assets, will visit Canada after Ramadan, which ends mid-March.