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Canada’s Carney announces a sovereign wealth fund
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Canada’s Carney announces a sovereign wealth fund

Al Jazeera·Al Jazeera·about 1 month ago
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The prime minister says the federal government will put up money alongside private investors to fund major projects. Canadian Prime Minister Mark Carney says his government is developing a government-owned investment fund. Carney said on Monday that the fund, a first for the country, will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars (US$18bn). Recommended Stories list of 4 items list 1 of 4 Oil prices rise amid stalled US-Iran peace talks list 2 of 4 Varoufakis on Palantir, AI warfare, and the rise of tech lordism list 3 of 4 Dynamic pricing adding to ‘dystopian’ 2026 World Cup, ex-Liverpool CEO says list 4 of 4 NPT summit: Can nuclear pact survive US-Israel war on Iran? end of list The prime minister said the federal government will put up funds alongside private investors.…

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