CP NewsAlert: Carney names Dominic Barton as chair of Invest in Canada, replaces CEO

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OTTAWA - Prime Minister Mark Carney is overhauling the leadership of the federal agency responsible for attracting foreign investment just weeks before a high-profile summit aimed at doing just that.

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OTTAWA – Prime Minister Mark Carney is overhauling the leadership of the federal agency responsible for attracting foreign investment just weeks before a high-profile summit aimed at doing just that.

Carney announced today that Dominic Barton, the former Canadian ambassador to China and a well-known name in corporate Canada, will chair the board of directors for Invest in Canada.

Gurinder Grewal, an investment fund manager with experience in the energy and infrastructure sectors, will become chief executive of the agency.

The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, Aug. 5, 2022. THE CANADIAN PRESS/Nathan Denette
The Bay Street Financial District is shown with the Canadian flag in Toronto on Friday, Aug. 5, 2022. THE CANADIAN PRESS/Nathan Denette

Grewal replaces outgoing CEO Laurel Broten, a former Ontario cabinet minister.

Dominic LeBlanc, the minister responsible for the federal investment agency, announced on social media today that he would accept Broten’s resignation.

The shakeup at Invest in Canada comes two weeks before Carney’s inaugural investment summit in Toronto, where he’ll assemble foreign investors and the heads of major domestic funds to pitch them on Canadian projects.

This report by The Canadian Press was first published Aug. 31, 2026.

Dominic Barton waits to appear as a witness at the Standing Committee on Government Operations and Estimates, Wednesday, Feb. 1, 2023 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Dominic Barton waits to appear as a witness at the Standing Committee on Government Operations and Estimates, Wednesday, Feb. 1, 2023 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
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