Mark Carney
Prime Minister Carney announced the Canada Strong Fund – Canada’s first national sovereign wealth fund. Through an initial federal contribution of $25 billion, the Fund will strategically invest, alongside the private sector, in Canadian projects and companies driving our economic transformation. This includes projects in clean and conventional energy, critical minerals, agriculture, and infrastructure. The returns will be reinvested to grow the Canada Strong Fund, strengthening its capacity over time. As the Fund grows, it will direct capital toward investments with the highest potential return for Canada and Canadians. …The fund is intended to complement and accelerate the work of existing institutions like the Business Development Bank of Canada, and potentially the advancement of projects through the Major Projects Office. …Per Carney, “Canada is catalysing a series of nation-building projects in energy, trade, critical minerals, transport, data, and beyond – projects that will make Canada stronger, more resilient, and more independent.”