President Ferdinand Marcos Jr. announced that his recent trip to Canada resulted in $2.5 billion in investment pledges across sectors such as mining, critical minerals, energy, and IT-BPM.
During a press briefing upon his return on July 5, 2026, President Ferdinand Marcos Jr. revealed that his official visit to Canada successfully secured investment commitments amounting to approximately $2.5 billion (around ₱153.4 billion) from various Canadian companies. The commitments span multiple sectors including mining, critical minerals, energy, and the information technology-business process management (IT-BPM) industry. President Marcos highlighted discussions with Canadian industry leaders focusing on strengthening cooperation and fostering innovation-driven economic growth. Notably, talks with IT-BPM firms covered plans to establish global artificial intelligence hubs and learning centers aimed at upskilling the workforce through centralized AI-driven facilities. Companies involved in the commitments include B2Gold, OceanaGold, TELUS, and NQX. Marcos also emphasized the Philippines’ intent to broaden Canadian investment presence in the country and reaffirmed ongoing efforts to conclude the ASEAN-Canada Free Trade Agreement, which is expected to further enhance bilateral economic relations. During the trip, the President met with key Canadian economic players already employing thousands of Filipinos, underscoring the vital role of Canadian investments in the Philippine economy. President Marcos arrived back in Manila at 3:56 p.m. on July 5.
Sources referenced:
- https://www.gmanetwork.com/news/topstories/nation/993819/ph-secures-us-2-5b-in-investment-pledges-from-canada/story/