SKIP TO MAIN CONTENT

Abbott says climate not right for tax

Trade and investment will be on the agenda during a quick visit to Ottawa by Prime Minister Tony Abbott.

Australian Prime Minister Tony Abbott arrives
Prime Minister Tony Abbott has touched down in Canada on the third phase of a four-nation tour. (AAP)

2 min read

Published

Updated


Skip to article content

Prime Minister Tony Abbott has touched down in Canada on the third phase of a four-nation tour.

Having met with the Indonesian and French leaders in their countries, Mr Abbott will lay a wreath at the Canadian War Museum in Ottawa before inspecting the museum and discussing Australia's plans to commemorate the centenary of World War I.

The prime minister will meet with Australian and Canadian business leaders on Sunday night (Ottawa time) where they will discuss investment in infrastructure.

Canada's top 10 pension funds manage well over $700 billion in assets and are among some of the biggest in the world.

Many of the funds already have stakes in a number of Australian projects including Sydney's desalination plant, the Barangaroo South office tower, the Port of Brisbane and Victoria's Comprehensive Cancer Centre.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

But Infrastructure Partnerships Australia expects greater interest in the future as more state assets are put up for sale.

Mr Abbott will meet with Canadian Prime Minister Stephen Harper in Ottawa on Monday for talks on security, energy and trade.

Canada is involved in the Trans-Pacific Partnership negotiations to create an Asia-Pacific free trade zone and Mr Harper will attend the G20 summit in Brisbane in November.

Mr Abbott will next head to New York where he is expected to meet with UN Secretary-General Ban Ki-moon and hold further business and investment talks.

Later in the week the prime minister will discuss defence, intelligence and trade issues with US President Barack Obama in Washington DC.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world