It was exactly the message the world needed to hear, and Canada needs to send. The country is right to rally behind this ambition. When the prime minister speaks of fast-tracking a $1 trillion investment target, he correctly identifies the scale of the challenge. He understands that for Canada to maintain and improve its standard of living, we must build.

But ambition must eventually meet reality. Parliament returns with a new session, and Carney, back on home soil, will have to turn his lofty words into tangible solutions. While the prime minister's focus is right, the economic reality on the ground is stark. We are starting this trillion-dollar race from a deep deficit. To turn the Davos pitch into domestic prosperity, the challenge isn't just attracting new money but stemming the structural tide of capital that has been leaving our shores for a decade. As the graphs below show, Canada faces an investment crisis and capital flight problem.