Hosted on MSN

Letters: Sovereign wealth fund is a poor idea for debt-ridden Canada

Re: Not another Liberal slush fund! — Jack Mintz, April 28; Federal deficit smaller than expected in spring economic update, but with $37.5B in extra spending — Jordan Gowling, April 28; Carney ...
Reason

Canada's New 'Sovereign Wealth Fund' Is Actually a Debt-Fueled Spending Scheme

Amid the reshaping of the global economic order, thanks in part to President Donald Trump's tariffs and trade policies, Canadian Prime Minister Mark Carney is proposing his own restructuring of Canada ...
Reuters

Canada to set up sovereign wealth fund with initial funding of C$25 billion

April 27 (Reuters) - Canada will set up a sovereign wealth fund with an initial endowment ‌of C$25 billion ($18.38 billion) to invest in major domestic projects, Prime Minister Mark Carney told ...
Hosted on MSN

Canada is getting a sovereign wealth fund. What does that mean and how do they work?

Prime Minister Mark Carney announced the creation of the country's first-ever sovereign wealth fund on Monday, called the Canada Strong Fund. Carney pitched the new fund as a way for Canadians to ...
The Conversation

Canada’s new sovereign wealth fund is ambitious, but its design raises questions

Prime Minister Mark Carney recently announced Canada’s first national sovereign wealth fund, the Canada Strong Fund. It’s aimed at investing $25 billion in domestic projects while offering Canadians a ...