Prime Minister Mark Carney recently announced Canada’s first national sovereign wealth fund, the Canada Strong Fund. It’s aimed at investing $25 billion in domestic projects while offering Canadians a chance to invest alongside the government.
The fund has a dual mandate to deliver market-rate returns while also investing in Canadian projects that build a stronger and more resilient economy.
But these goals can conflict, and the fund’s current design raises questions the government has not yet fully answered.
