Source: BBC News [UK State Media]
“Canada is launching a government-owned investment fund to pay for major development projects in the country, Prime Minister Mark Carney has announced. The Canada Strong Fund, a first for the country, will invest in energy, infrastructure, mining, agriculture and technology, with an initial contribution of C$25bn ($18.4bn; £13.5bn). The fund will also allow Canadians who have ‘a bit of extra money’ to invest into it directly, but experts have warned it risks ‘limited returns.’ The move is part of a broader goal by the Carney government to boost Canada’s economy in face of US tariff threats. At Monday’s announcement in Ottawa, Carney said that Canada was at a critical point in its history due to its changing relationship with the US, requiring it to invest and build at an urgent pace.” (04/28/26)