Close Menu
    Kanada

    Carney kündigt die Gründung des ersten Staatsfonds Kanadas an

    Share.
    View 36 Comments

    36 Kommentare

    1. sleipnir45 on

      So is this going to replace the Canadian infrastructure bank ?

      „The „Strong Canada Fund“ will serve as an investment vehicle to finance major projects of national interest and will work in partnership with the private sector, Carney said in a video posted online. „

    2. EatBaconDaily on

      Im not sure if this is good or bad, but with the goal of using it to fund nation building projects it’s success will depend if Canadians can get out of their own way and allow these projects to be built. And ill say it, the different provinces, famers, opposition parties and NIMBYs will make this very hard

    3. BiBoFieTo on

      Alberta Premier Danielle Smith reportedly countered with a plan for a sovereign „Lifted Ford F-250“ fund.

    4. BlueZybez on

      I mean where is the money coming from though? Our pension funds take money from our paycheques and business to fund the pensions. Canada is also running massive deficits and its the same with every province.

    5. Levifunds on

      I have a feeling Brookfield and other insider companies are going to be really happy about this

    7. Trussed_Up on

      „Sovereign wealth fund“ are magical words to a lot of people who know extremely minimal things about economics, except that Norway has one and they use it to fund massive social programs.

      But they do that by pumping WAY more oil per day per person than we do. And their oil can be sold more cheaply for a profit.

      A sovereign wealth fund is just a bunch of money under the control of government, used to make purchases and investments usually in the private sector.

      It’s nothing special.

    8. NewsreelWatcher on

      Considering that the long peace and era of free trade is over, Canada will be experiencing more economic shocks for the remainder of the century. It is the kind of long-term thinking that has been missing for that last forty years. The devil is in how competently the fund is managed. It should be kept far away from the reach of the government of the day.

    9. bcbuddy on

      National Debt:
      $1,300,000,000,000.00

      Annual Federal Deficit:
      $ 80,000,000,000.00

      Sovereign wealth funds are usually built on budget surpluses.

      Canada has a National Debt over 1.3 Trillion with a budget deficit of roughly 80 Billion.

    10. WiseDebt7345 on

      Canada doesn’t have any money right now. Where’s the money coming from? Are the Liberals just borrowing more of it?

    12. LabPowerful9983 on

      > The second half of the bill, the Building Canada Act, enables the federal cabinet to pick projects, approve them upfront and override federal laws, environmental reviews and the permitting process.

      If this is used effectively this could represent a seismic shift to streamlining project approval.

      Devil is in the details, of course, but I will remain cautiously optimistic until we get further details.

    13. LemmingPractice on

      Isn’t Canada’s first sovereign wealth fund Alberta’s Heritage Fund, which was founded in 1976?

    14. IWasAbducted on

      I’m going to start my own wealth fund funded with my credit card. See how dumb this sounds now? Norway doesn’t run deficits. Public will eat it up though.

    15. Imaginary_Newt2377 on

      I wished some people used their heads… How can he possibly create a „wealth fund“ when we are in debt? Wealth funds are created by excess funds…

    16. Hoefty224421 on

      WTF. He’s almost doubled our debt in less than a year ? Why not stop wasting money , pay the debt then start saving. So let’s put money in at 3% and pay interest of 6%.
      Makes sense.

    17. psychosisnaut on

      They should allow people to leverage part of the value of their house to contribute to the fund. You could raise billions without most people actually having to shell out a dime.

      Oh well, it’s good to see what are essentially bonds back, it’s fucking stupid that governments stopped issuing them for infrastructure.

      The question is WHAT infrastructure is this going to finance. Hopefully not the stupid national power corridor thing.

    18. discovery2000one on

      If it’s completely optional I’m 100% in favour. No mandatory contributions, no back stopping by taxpayers. Like an ETF/stock you can buy and sell that trades on the tsx, but a corp managed by the government.

      That would actually be a decent idea. Something new to try at least.

    19. West_Ad9229 on

      I’m a fan of Carney, but the specifics matter here otherwise this is at risk of being a fools errand.

      A) what are we funding this initial seed round with? We’re already running a deficit, so will this be $25B of debt borrowed?

      B) The Canada Infrastructure Bank is less than 10 years old and has the following mandate:
      “The CIB’s mandate is to make investments in revenue- generating infrastructure projects that are in the public interest, and to seek to attract investment from private sector and institutional investors to those projects, focusing on new (i.e. ‘greenfield’) infrastructure or infrastructure with new elements”
      How is “Sovereign Wealth Fund” different/how will it function differently?

      C) Also, what is the explicit purpose of the fund – to generate a return (dividends) for unit holders? Or to fund infrastructure projects.
      If it’s the former, I don’t trust the feds to do that better than any other private sector investors, and if it’s the latter then we have a crown corp for that already.

    20. stalik26 on

      Would this fix issue of our own Canadian investors refusing to invest as they are risk averse? In other words ignoring them.

    22. ssleblanc1 on

      Sovereign wealth funds are built with SURPLUS money, if not this is more debt no?

    23. HyperborianHero on

      If it’s anything like Norway’s sovereign wealth fund which invests state money for the good of all Norwegian citizens it’ll be great for Canada.

    24. vollyn on

      I’m unsure of the details yet, but if it’s a Norway-style sovereign wealth fund then I’m all for it.

    25. ThicccThunder on

      Imagine if we hadn’t over sold off Petro Canada. Privatize the profits and leave the rest for tax payers

    26. RipDiligent6195 on

      The second half of the bill, the Building Canada Act, enables the federal cabinet to pick projects, approve them upfront and override federal laws, environmental reviews and the permitting process.

    27. faithOver on

      I’m glad things are happening. Directionally it’s good.

      But I’m worried we’re not actually changing the core items which is to say the regulatory structure that actually allows nation building to take place on a reasonable time frame.

      Critical infrastructure has turned into a political hot potato – I’m reminded of the Massey tunnel replacement in BC. Decade of back and forth between new bridge and tunnel, we could have been driving over a new structure by now if we just got out of our own way.

      This is the default condition in Canada. Years, or even decades of consultation before anything happens.

      Thats simply not sustainable way to build anything.

    28. Interwebnaut on

      Next, the Feds should bring back their Annuities Branch.

      Yes, it was a real thing.

      I myself now receive a small Government of Canada annuity purchased for me by my parents many decades ago.

    29. Altruistic_Report827 on

      The best news I have heard so far. So much potential for us with a sovereign wealth fund. This should have been started up a long ago when we first dug up oil but it’s not too late.

    31. Got_Engineers on

      Who is also going to work here? The Canadian pension industry is incredibly expensive and overloaded with salary and compensation. It is full of grifter and people trying to enrich themselves. Specifically the leaders and executives.

      Salaries for people that work in the Canadian pension industry are some of the most lucrative jobs in Canada. The directors and senior leaders that get fired just move onto the next pension fund so the entire industry is just churned of people that probably shouldn’t be there. With people sitting on the sidelines licking their lips at something like this.

    33. Saisinko on

      I’ve been posting about how we should do this for years now and get downvoted into oblivion.

      If he starts suggesting Canadians buy pork chub (ground pork) at Costco 3kg for $20 and mixing in a beef bouillon cube to make it taste like beef, then I know he reads my posts.

    34. JohnDorian0506 on

      The Norwegian Government Pension Fund Global (GPFG), commonly known as the Norway Sovereign Wealth Fund, is the world’s largest, managing over $2 trillion USD (as of early 2026) to invest Norway’s oil and gas revenue. Managed by Norges Bank Investment Management (NBIM), it holds ~1.5% of global listed equities to secure long-term welfare, funding roughly 20% of Norway’s state budget through returns rather than capital drawdowns. 

    35. ComfortableLetter989 on

      I commend any innovative and proven approaches to promoting Canadian sovereignty. This is an excellent step in the right direction.

    36. onegunzo on

      Oh come on… What the fuck is this?

      We have the investment bank, pension plans, now a sovereign fund? Let’s see who has one as well: Alberta has one, Norway, Saudi Arabia and other gulf states have one. What do those countries have that Canada doesn’t?

      Free flow cash or deficit increases. Right?

      Well, if we had extra $s from our resources, I’d be the first one to say, this is a good idea as long as we don’t end up being the ‚upfront risk taker‘ vs. the 3rd party companies coming in for all the cheese. But we don’t have excess $s, do we? We have $100B (yeah that’s billion) deficit. This means the $25B will be added to our debt. And magically it won’t be called deficit spending under this government’s new definition of spending.

      So, we’re borrowing the $, likely printing it. It’s Carney’s MO. And what does printing more $s do? Increase inflation, what does increased inflation do? Increase interest rates. This means, higher yearly payouts to cover the INTEREST on the debt.

      And a reminder, we’re paying about 10% of all revenue brought in on the interest on the debt. On a $510B Federal revenue stream, we’re paying about $51B to $55B yearly on interest. Pls let that sink in.

      Lastly, the project selection. If Carney or any part of Carney’s government is part of the project selection group, then it’s political vs. best for Canadians. Governments are terrible at picking winners. Just look at the EV spend. Look at the TMX pipeline (A $10B project the government turned into a $35B project).

      Final note, others have brought up – what are we going to do with the investment bank (I haven’t heard reporter questions/answers from the PM yet, maybe that was answered then). Canadians put $35B into it. Have we gotten any value out of yet?

    Leave A Reply