International Trade Minister Mary Ng on Friday also appointed Karl Tabbakh, Quebec managing partner at law firm McCarthy Tétrault, as chair of the federal agency for attracting foreign capital. (The Logic)
International Trade Minister Mary Ng on Friday also appointed Karl Tabbakh, Quebec managing partner at law firm McCarthy Tétrault, as chair of the federal agency for attracting foreign capital. (The Logic)
International Trade Minister Mary Ng on Friday also appointed Karl Tabbakh, Quebec managing partner at law firm McCarthy Tétrault, as chair of the federal agency for attracting foreign capital. (The Logic)
Talking point: Following a decade in Ontario politics, Breton most recently ran Nova Scotia Business between January 2015 and July 2022, when the new Progressive Conservative provincial government rolled the agency into a new economic-development organization. She’s a delayed replacement for Ian McKay, Invest in Canada’s inaugural CEO, whom Ottawa appointed ambassador to Japan in April 2021. The Liberal government established the agency in March 2018 to court foreign direct investment (FDI) for the country. Since then, it has touted wins such as Mastercard’s $510-million cybersecurity hub in Vancouver and General Motors’ $1-billion overhaul of its Ingersoll, Ont., plant. Some scale-up executives have criticized Ottawa’s FDI approach for promoting Canada as a low-cost place to hire tech workers, at the expense of domestic firms.
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