Canada — and Alberta — were on the global financial stage earlier this week as investors representing $120 trillion in capital gathered in Toronto for a close-up view of the opportunities represented by the 167 projects outlined in the federal deal book.

If there was any doubt about the role energy would play in the inaugural Investment Summit, the first sector Prime Minister Mark Carney highlighted in his opening remarks Tuesday morning to the world’s A-list investors was Canada’s energy resources, and therefore Alberta.

What it signalled — in addition to the fact that Alberta had more projects in the deal book than any other province — is Ottawa’s recognition that energy, both conventional and clean, is foundational to Canada’s economic success. To wit, the number of energy-related projects put forward — conventional, clean and power — added up to $300 billion.

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