Super Mario Galaxy Movie set for digital release next week
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East Coast Kin, weekly cheat sheet live; Bird of the Day themes
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Witch Hat Atelier, Episode 5 praised for animation and emotion
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GOP senators lose confidence in Defense Secretary Pete Hegseth
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Champions League semi-finals: Bayern face PSG in first leg
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unitedinfocus.comPolice probe £40,000 donations to Robert Jenrick's 2024 campaign
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Canada unveils $25B 'Canada Strong Fund' sovereign wealth fund
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Kash Patel praises 'greatest law enforcement team' after WHCD shooting
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California billionaire tax gets enough signatures for ballot
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bbc.com
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Canada unveils $25B 'Canada Strong Fund' sovereign wealth fund
Prime Minister Mark Carney announced in Ottawa the Canada Strong Fund, Canada’s first national sovereign wealth fund, seeded with $25 billion in federal funds. The fund will invest on a fully commercial basis alongside private-sector capital to back nation-building projects inside Canada, including infrastructure, green energy, and housing. Carney said the goal is to create wealth for Canadians today and for future generations by catalyzing projects that would not otherwise proceed. The fund gives Canadians a direct stake in long-term national prosperity and aims to mobilize private investment into strategic domestic projects.
The Canada Strong Fund is Canada’s first national sovereign wealth fund. It will invest in the major projects that are transforming our economy — and give Canadians a direct stake in our nation’s prosperity.
Mark Carney109Find out more about the Canada Strong Fund: www.pm.gc.ca/en/news/news...
Jason Van Taco19It sounds like this isn't actually a sovereign wealth fund, it's a subsidy to asset managers dressed up in Norwegian clothing. But I hope I'm wrong.
DLee🇨🇦🙋16Canada building long-term wealth at home is the smart play. Giving Canadians a direct stake in nation-building is how you strengthen the economy for generations 🇨🇦
🏴☠️DiscordⒶntMuse🏴☠️12You're giving money to private corporations and to the wealthy, not to the folks who actually need the help.
EarthOx8I was looking for something like this when I had to renew something last summer. It's the idea of being a part of the rebuild of Canada that was attractive but there was no direct vehicle. So yes, I like it! And no, I am not wealthy!
lissa6He’s using public funds to give handouts to private companies. It’s not a wealth fund. 🙄
Adam🇨🇦6Excerpt from the link: 'To ensure Canadians have the option to invest in the growth of our nation and share in the returns, the government will launch a retail investment product. This will give Canadians a direct stake in our nation’s long-term prosperity and help build long-term national wealth.'
Kimberlee5Take care of Canada. You're a fortress of hope. Democratic hope. Beware of Murdoch owned television--it is a threat to democracy everywhere .
esquyre.bsky.social4Well it's about time! I fucking love this country
IslandMapleTree3Keep up the good work Prime Minister Carney. You are the man for this moment in time.
Alex Potvin3Why does this sound like a precursor to another pipeline buildout/partnership
Jason Van Taco2This isn't what we want. We want the Norwegian sovereign wealth fund model.
Dooodlebugg 🇨🇦🇺🇸2Isn't this the same thing as Trudeau having Canada pay for the pipeline, only with different branding? Last year, everyone was saying the MOU pipeline wouldn't happen because no company in their right mind would fund it. Well, now they have their funding, our tax dollars.
patatas2This is how they're gonna fund the pipelines and data centres. It's also how they plan to get people excited about building pipelines and data centres. Ughhhh it's so gross
Adam🇨🇦2Awesome, now this is what I'm talking about!! I'll get on it asap.
Juniper2I'm so very nervous about this. I hope it's a 'invest in this or I tax you' for the rich.... But the future management of this fund is concerning. I'm extremely uneasy with the portfolio management aspect as well. Can you commit to carefully curating the investment portfolio for this fund?
🍄🇨🇦CoAutonomous🇺🇲🍄2If you'd like to give Canadians a direct stake in their democracy and economy, may I suggest some meaningful electoral reform? FPTP/WTA is a relic of an era when the fastest mode of communication was fuckin horseback; we need upgrading to the 21st century.
OK, so this is not a sovereign wealth fund, it's just a variation on the failed Canada Infrastructure Bank model where public money 'de-risks' private capital in order to 'catalyze' investment - www.youtube.com/watch?v=oRYa...
Angella MacEwen13Sovereign wealth funds generally invest globally, focusing on long term financial returns: www.ifswf.org/what-is-a-so...
Club Saanich3Thank you. It's pretty exactly the opposite of a sovereign wealth fund
<>2I don't think you're going to get rich Canadians to invest in anything bigger without the government guaranteeing all the risk. It's why we are where we are.
