"Prime Minister Mark Carney says Canada will launch its first ever national sovereign wealth fund, an investment vehicle he says will ensure all Canadians reap the rewards of government support for major new projects. The Canada Strong Fund will begin with an initial endowment of $25-billion, Carney told a news conference in Ottawa today. A sovereign wealth fund is a state-owned investment accound that is typically independently managed. Carney described the fund as a national savings and investment plan that is designed to grow wealth for future generations... (Bailey, 2026)
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Bailey, Ian. (2026, April 27th) Politics Insider: Canada will launch soverign wealth fund, Carney says. Available from the Globe and Mail: https://www.theglobeandmail.com/politics/article-politics-insider-canada-will-launch-sovereign-wealth-fund-carney-says/