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Prime Minister Justin Trudeau Speaks At World Economic Forum, Says Canada Is Safe Place To Invest

By January 21, 2016 at 11:27 am
Prime Minister Justin Trudeau Speaks At World Economic Forum, Says Canada Is Safe Place To Invest (Photo : Chip Somodevilla | Getty Images News)

SWITZERLAND - "We have a diverse and creative population, outstanding education and health care systems, and advanced infrastructure," said Canadian Prime Minister Justin Trudeau as he delivered his keynote speech at the World Economic Forum in Davos, Switzerland on Wednesday.

Speaking at the World Economic Forum, Trudeau expressed his confidence that his country is a safe place where investments can grow despite the current global economic crisis. He said Canada has social "and financial stability, and a government willing to invest in the future," CTV News reports.

The 44-year-old Prime Minister, who assumed his post in 2013, believed that the country has become more open for business ventures than how it was under the leadership of the Conservative government.

He also spoke about how diverse, educated and innovate the workforce in Canada is, doing different measures to encourage the citizens to work than how the Conservatives and Stephen Harper, who labeled the country as an energy superpower, did during their time, according to the report of Toronto Star.

"My predecessor wanted you to know Canada for its resources," he said. "Well I want you to know Canadians for our resourcefulness."

Pitching Waterloo, Ontario as the country's place for innovation; Whistler, British Columbia as a skiing area; and Canada's capital Ottawa as a place where its government embraces diversity, Prime Minister Trudeau said that the country is open to investments on big infrastructures that have policies, encouraging science and research and recognizing private sectors' dynamic innovation.

He also cited that "natural resources will always be the basis of Canadian economy."

However, Calgary, Alberta Mayor Naheed Nenshi disagreed to what Trudeau said on Canada being known for its resourcefulness. Instead, the former believed that the strength of the country's economy lies on becoming a "resource-plus," Calgary Herald reports.

"We are a resource economy," Nenshi said. "Our biggest export is still energy and I do not see a path where that does not continue to be the case, so clearly we need to do what we can on market access."

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