What is Canada's new sovereign wealth fund?
Canada is set to launch its first national sovereign wealth fund, according to Prime Minister Mark Carney. The fund aims to ensure that all Canadians benefit from government support for significant new projects. This initiative is part of a broader strategy to enhance investment and economic growth in the country.
- ▪Prime Minister Mark Carney announced the creation of Canada's first national sovereign wealth fund.
- ▪The fund is designed to distribute the benefits of government investments in major projects to all Canadians.
- ▪This initiative is part of a larger plan to boost economic growth and investment in Canada.
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What is Canada's new sovereign wealth fund?Published April 28, 2026Prime Minister Mark Carney says Canada will launch its first national sovereign wealth fund, an investment account that he says will ensure all Canadians reap the rewards of government support for major new projects. The Globe’s Stephanie Levitz explains how the fund will work.Please enable JavaScript to view this content.ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountMost PopularIsrael says Hamas military chief killed in air strike on GazaVideo1:40ISIS second in command killed by U.S.
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