Trudeau says foreign investment ‘key priority’ for growth, jobs in Canada

Prime Minister Justin Trudeau speaks at a session called Global Shapers on Pluralism, in Davos, Switzerland on Thursday, Jan. 21, 2016. Trudeau is attending the World Economic Forum where political, business and social leaders gather to discuss world agendas. Andrew Vaughan/The Canadian Press

DAVOS, Switzerland – The federal Liberals appear ready to swing open the doors to more foreign investment in Canada with Prime Minister Justin Trudeau calling it a key priority for his government.

Trudeau says foreign investment is needed to help economic growth in Canada and the Liberals plan to work with national and international companies to create jobs domestically.

Trudeau made the comments during a luncheon speech to a group of business leaders as part of the World Economic Forum in Davos, Switzerland.

The summit in the Swiss Alps is a key networking event that gives governments access to some of the biggest and most influential business leaders in the world.

Trudeau has used his time in Davos to meet with the heads of General Motors, Renault-Nissan, and later Friday with Asian e-commerce giant Alibaba to sell Canada as being more open for business than under the Conservatives and less focused on being a resource-based economy.

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At the luncheon, he urged Albertans to be resourceful in how they extracted resources and says the Liberals will be partners to Alberta right now.