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)

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.

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.


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