Canada’s premiers arrive in Toronto this week to pitch global investors on ploughing money into their provinces and territories—and some will be armed with detailed deal books of their own, that go beyond Ottawa’s official list of investment opportunities.

The Canada Investment Summit, organized by the Prime Minister’s Office, Canada Pension Plan Investment Board and the Public Sector Pension Investment Board, takes place in Toronto on Sept. 14. and 15. It’s a key part of the federal government’s effort to drum up $1 trillion in investment over the next five years. A prospectus sent to attendees ahead of the event compiles 167 projects the federal government wants to highlight at the conference, giving extraordinary exposure to the featured companies and projects in a bid to focus the attention of investors like BlackRock, Apollo Global Management, Temasek and Saudi Arabia’s Public Investment Fund.

The Logic has also obtained draft copies of some provincial deal books—including an “Alberta Deal Book” compiled by Invest Alberta, and one prepared by Invest in Saskatchewan (InvestSK)—which the premiers and their teams will be using in their pitches at the summit or on its sidelines, and which include projects and financial details beyond those in the federal deal book.

“The Alberta Deal Book is a resource that the premier will be using to support engagement with national and international investors in Toronto with a desire to maximize the number of investments coming to Alberta,” said Hunter Baril, press secretary for Alberta’s economy and trade ministry, in an email. It’s not an exhaustive list of available projects in the province, Baril said, but instead highlights that the province “is ready for investment today.” The draft Alberta deal book viewed by The Logic included 14 projects. The federal prospectus includes 27 Alberta-based projects, while the Alberta government confirmed Friday that it plans to pitch 34 projects in its deal book.

“Due in part to the volume of potential investment opportunities in Saskatchewan, our province developed additional materials to showcase those opportunities,” said Jay Teneycke, executive director of marketing and communications at Saskatchewan’s trade ministry, though he would not confirm the authenticity of the InvestSK document. That document features pitches on 18 projects. The federal prospectus includes 13 Saskatchewan-based projects. (The federal document also includes several cross-province projects.)

In the InvestSK deal book, Premier Scott Moe describes the province as an investor-friendly jurisdiction that is “open for business” and seeking deals to provide food, fuel, fertilizer and critical minerals across the world.

It isn’t the only province that wants to be seen as open for business. Ontario released its own deal book publicly on Sunday, highlighting 15 projects in the province. In an accompanying statement, Premier Doug Ford said that in the coming days he would “be meeting with business leaders from around the world, including from Kuwait, Malaysia, the Netherlands, Singapore, Qatar, Norway, Japan and Australia.”

New Brunswick Premier Susan Holt said in a press release Friday that she will pitch projects including the Mactaquac generating station, a Lorneville data centre and new nuclear energy development. Manitoba Premier Wab Kinew said last month that he expects his province will pitch at least a half-dozen projects at the event. Adam MacKenzie, a spokesperson for the office of Prince Edward Island Premier Rob Lantz, told The Logic that the government is coming to the summit with plans to discuss “particular projects.”

Nunavut Premier John Main and Inuit association Nunavut Tunngavik are hosting a Bay Street event Monday with a focus on four projects that the federal government has designated as being in the national interest.

Baril said the final version of Alberta’s deal book was shared with Invest in Canada, a federal investment agency. Invest in Canada spokesperson Brent Dowdall confirmed that it had worked with the provinces and territories to identify “investment-ready projects for inclusion” in the main event prospectus, as well as federal departments and agencies and “major Canadian financial institutions.” The submissions were reviewed by “federal partners and representatives from PSP Investments and CPP Investments,” Dowdall said.

Where the provincial deal books overlap with the federal pamphlet, they offer considerably more detail, including information on how much debt, equity and government financing the projects expect to seek, and the status and timelines of their fundraising conversations.

The federal prospectus contains a short passage on a US$2.47-billion plant that Calgary-based E3 Lithium wants to build, saying the company is seeking lithium buyers, strategic partners, financing and project-level equity. Alberta’s deal book goes further, giving a proposed dollar-figure range of equity investments being sought at the project level, a target equity multiple, a timeline for final investment decisions and descriptions of agreements the company has with commercial partners. 

In an emailed statement to The Logic, CEO Chris Doornbos said that he hopes appearing in the deal books will help kick off relationships with international funds as he prepares to secure new investments in the project over the next year.

Deep Sky One, a commercial-scale carbon capture and storage facility that Montreal-based company Deep Sky is planning to build in Alberta, is another project that appears in both the federal summit prospectus and the province’s deal book. The latter provides considerably more detail, outlining 18 contracts the firm has with customers, describing an opportunity for investors to join a funding round involving BMO Capital Markets, and disclosing the amount of revenue the firm has earned through its data business. Quentin Servais Laval, vice-president of finance and operations at Deep Sky, said the firm wants to participate in the summit because it features the country’s “most investable infrastructure opportunities.” 

The projects that appear in the InvestSK deal book, but not the federal one, include those from gold miners, fertilizer makers, helium companies and even food companies like Three Farmers Foods. 

The 15 projects in Ontario’s deal book differ from the 16 projects from the province showcased in the federal deal book. Some that appear in the federal pamphlet, such as Volkswagen subsidiary PowerCo Canada’s battery cell plant in St. Thomas, Ont. and Project Arrow Defence industries, an effort to build defence vehicles led by Automotive Parts Manufacturers’​ Association President Flavio Volpe, are absent from the provincial document. Ontario has included others absent from the federal book, including Toronto-based AI company Cohere, which the province’s deal book says is in the midst of raising a Series E investment round.

All 13 provinces and territories will be represented at the summit. A draft guest list obtained by The Logic includes 11 premiers. Quebec, which is in the middle of a provincial election campaign, will be represented by a senior public servant, according to the list. Newfoundland and Labrador Premier Tony Wakeham told The Logic he will not attend the summit, which conflicts with a special session in the province’s legislature on the Churchill Falls power deal, although his team will be there.

A letter to summit attendees, which The Logic obtained, says “attracting capital requires more than a compelling collection of investment opportunities.” It adds, “governments across the country are working together to create a more competitive environment for investment.”

With files from Kevin Carmichael, Chaimae Chouiekh and Meghan Potkins