Canada announces new sovereign wealth fund with call for investments from citizens

Washington Examiner Washington Examiner —

Canada is opening the country’s first sovereign wealth fund, Prime Minister Mark Carney announced on Monday.

The “Canada Strong Fund” will invest in Canada’s various nation-building projects, including in trade, energy and critical minerals, transportation, and data industries, according to Carney.

The fund will begin with an initial 25 billion Canadian dollar federal contribution over […]

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