Kanada bekommt einen Staatsfonds. Was sind sie und wie könnte das funktionieren?

A sovereign wealth fund is where the country borrows money from your grandkids, and invests in Liberal connected green energy schemes.

Not knocking it, probably a great idea.

It’s just so disheartening to think that our countries greatest and most valuable achievement of 2026 is probably just going to be opening this bank account. What a waste of a year.

Would be a good idea if we had a surplus of wealth to create it. Starting it with debt makes absolutely no sense.

There was a great American Greed episode on one, just as an adjacent story. Where a financial wiz helped set one up in Malaysia (he had government connects) and just basically helped fleece the fund for his personal expenses. He ended up banging Paris Hilton and financing the movie The Wolf of Wall Street.

The disinformation agents are out swinging today.

First Conservatives are made that Canada isn’t leveraging it’s abundant resources to make the whole country wealthy, and then as soon as a plan comes up that doesn’t involve sucking corporate America off, they’re all in a tizzy.

So what are the pros of this. Does anyone have a good faith explanation for why this and now? I haven’t seen anyone actually try and figure out his plan or reasoning.

Maybe buying back some crown corporations or something?

I asked chatgpt to explain it like Hunter S. Thompson. Here you go:

Alright—strap in.

A sovereign wealth fund is what happens when a country suddenly realizes it has too much money and—against all historical instinct—decides not to immediately light it on fire.

Take a place like Norway. They struck oil, and instead of buying solid-gold snowmobiles for every citizen, they built the monstrous, all-seeing financial beast known as the Government Pension Fund Global. This thing stalks the globe, quietly buying pieces of companies, cities, and futures—turning black sludge into tidy piles of dividends.

It’s capitalism with a passport and a long memory.

The upside (the “this might actually work” part)

When it’s done right, a sovereign wealth fund is like a paranoid squirrel on amphetamines—hoarding wealth for the long winter that will come. Oil dries up. Markets crash. Politicians panic. But the fund? It just sits there, heavy and patient, ready to bail out the nation when reality finally collects its debts.

It also lets a country pretend—just for a moment—that it’s thinking about its grandchildren instead of the next election cycle.

The downside (the “oh no, humans are involved” part)

Now introduce politics. Greed. Short-term thinking. Suddenly that carefully built treasure chest starts looking like a convenient piggy bank for vanity projects, bad bets, or outright corruption.

Some funds are about as transparent as a brick wall in a blackout. Money goes in… something happens… and then everyone politely agrees not to ask too many questions.

And of course, the market itself is a vicious animal. Even the smartest fund managers can get mauled when things go sideways.

Other creatures in the wild

Out in the desert, the Abu Dhabi Investment Authority plays the same game with oil money, spreading bets across the globe like a high-rolling gambler who never sleeps.

Meanwhile, Temasek Holdings in Singapore runs its fund like a sharp-suited corporate raider—buying, selling, maneuvering with surgical precision.

The real truth

A sovereign wealth fund is a test. Not of economics—but of discipline.

Can a country resist the urge to spend everything right now?
Can it play the long game in a world addicted to instant gratification?

Some can.

Most… well, history suggests otherwise.

See, this thread is a prime example why conservatives will never win an election for a long, long time. They’re simply too hateful, too contrarian to work with and would rather see Canada burn than have the Liberals win, whatever the cost. That might work for PP and his maple MAGA wannabes, but the average Canadian isn’t going to support that unless the conservatives make some fundamental changes to their platform.

This thread is exactly why the CPC keeps finding ways to lose elections.

Plenty of rage, plenty of “no,” plenty of performative fiscal purity, but almost never a serious, workable alternative.

Yes, in an ideal world, you build a sovereign wealth fund when you’re running surpluses. Great. Very clever. Now back to reality: how long is Canada supposed to wait? Another decade? Two? Until housing, productivity, infrastructure, and energy investment have all been politely strangled by “wait until the books are perfect” politics?

And what’s the Conservative plan to balance the budget, exactly? Magical GDP growth? Cutting “waste” hard enough to fund everything? Or do we freeze every major national investment until the deficit hits zero?

No high-speed rail until 2100. No sovereign fund until 2100. No industrial strategy until 2100. But don’t worry, we’ll have 400 angry comments explaining why every proposal is liberal’s tool.

Opposition is not a platform. Being mad is not a policy. At some point, you have to offer Canadians something more compelling than “everything is bad and we would’ve done nothing.”

Anyone else remember when Trudeau’s reign was almost at an end and his advisor, Mark Carney, was lobbying him to put tens of billions of taxpayer dollars in an investment fund to be managed by Brookfield? Never came to pass because Trudeau resigned shortly thereafter. This just sounds like a reheated version of that.

Anyway, it’s completely bonkers to borrow money to invest it, and what difference is a $25 billion dollar fund going to make to a $2.5 trillion dollar economy? It makes no sense.

Or, it makes no sense until you remember Trudeau’s green slush fund, where they took a billion dollars, appointed a bunch of well-connected Liberals to run it, and those individuals then awarded themselves hundreds of millions of dollars from it.

This thing is going to be the green slush fund all over, but twenty five times larger. They’ll appoint Liberals to run it, to collect huge fees to manage it, and they’ll dole out the money it makes to Liberal friends and family at a furious pace. Only now, thanks to Carney’s backroom majority, the Liberals’ state capture of the media and replacing the Parliamentary Budget Officer with one of Carney’s old college pals, there’s nothing left to hold them even slightly accountable.

Liberal Party Democracy in action, folks.

We borrowed 25 billion to say we have a wealth fund. What the…

Idea is brilliant the problem is Liberals should show some fiscal responsibility first before going all in into investing. I know Carney is a banker and he was governer of bank of England, but iam sure a lot of folks would like to see federal government making moves to decrease debt, boost economy, create new jobs, basically put Canada back on a map with the rest of G7.