Canada to set up sovereign wealth fund with initial funding of C$25 billion - Reuters
Canada to set up sovereign wealth fund with initial funding of C$25 billion Reuters
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Notable Quotes
"Many of our former strengths built on our close ties to the United States have become our weaknesses."
— Mark Carney , Politician
"A sovereign wealth fund is essentially a national savings and investment account – designed to grow wealth for future generations."
— Mark Carney , Politician
"The fund will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology."
— Mark Carney , Politician
"the government is launching Canada’s first national sovereign wealth fund — the Canada Strong Fund."
— Mark Carney , Politician
"Canada's new government 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."
— Mark Carney , Politician
"Canada's next chapter of growth starts with investing at home."
— François-Philippe Champagne , Politician
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxNa0RkbGdBZnI5djR3NjRtVzV5MmhmMDBwRTlqTk5LaG14ZDVTZ3VjMEl3OUpaSmQ3eVU3UVUzQzNtanM4Ym1DZUZ0R1dKRm11OHJzVUJaSHB5YnFvNVRfSnMzMGQyYXFlc3UybHdySXV3ZzNGUzBLNGdnWXhvSS11eVlva2hwenlPQXFRSjhwYnU5cDJ4LXRYTEhLWnpSRUhvaTI2eHNlME5GVC1XeDRURzdJNA?oc=5" target="_blank">Canada to set up sovereign wealth fund with initial funding of C$25 billion</a> <font color="#6f6f6f">Reuters</font>
Canada will establish a sovereign wealth fund with an initial endowment of C$25 billion to invest in major domestic projects, marking the nation's first sovereign fund.
Prime Minister Mark Carney unveiled Canada's first national sovereign wealth fund, which will begin with $25 billion, investing in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture, and technology.
The Canadian government announced the creation of its first national sovereign wealth fund, the Canada Strong Fund, with an initial contribution of $25 billion, aiming to support significant domestic investments.
Prime Minister Mark Carney announced the Canada Strong Fund, Canada's first national sovereign wealth fund, with an initial federal contribution of $25 billion, aiming to invest in major Canadian projects and companies driving economic transformation.
Prime Minister Mark Carney announced the launch of a new government-owned investment fund valued at 25 billion Canadian dollars (approximately $18 billion USD), aiming to support major industrial initiatives in sectors such as energy, infrastructure, mining, agriculture, and technology.
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