Post #1737589
2026-04-27 18:30 UTC
Sources - discussion to follow:
* PMO: Prime Minister Carney announces the Canada Strong Fund – Canada’s first sovereign wealth fund - https://www.pm.gc.ca/en/news/news-releases/2026/04/27/prime-minister-carney-announces-canada-strong-fund-canadas-first
* CBC: Carney announces creation of Canada's first national sovereign wealth fund - https://www.cbc.ca/news/politics/sovereign-wealth-fund-carney-major-projects-9.7178238
* AP News: Prime Minister Mark Carney unveils $18 billion Canadian investment fund - https://apnews.com/article/carney-canada-sovereign-wealth-fund-4be2e01a820382f42dcf7af7cc4f90c1
The #PMO pr & coverage suggest it's more a bond than #SWF.
1/
#CdnPoli #Canada
Replies (1)
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@Amgine@mamot.fr 2026-04-27 18:32
A #SovereignWealtFund is primarily built with government __revenues__ (e.g. from commodity exports) and/or __revenues__ from foreign exchange reserves. Not built with private equity. Not built with pension funds. They are built with #revenues from national assets which have no pre-allocation. This fund will apparently be built by borrowing $25 Billion, of which $18 billion will go into this. Debt is not a previously known method for creating a SWF. 2/