Canada to Establish Sovereign Wealth Fund

Canada is getting a sovereign wealth fund. What are they and how might this one work?

<img src='https://i.cbc.ca/ais/f6c0cb8c-3950-4b04-abd1-c6270930ae02,1777330651014/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C371%2C6930%2C3898%29%3BResize%3D%28620%29' alt='Prime Minister Mark Carney speaks during an announcement on the Canada Strong Fund, Canada&apos;s first sovereign wealth fund at the Canada Science and Technology Museum in Ottawa on Monday, April 27, 2026.' width='620' height='349' title='Prime Minister Mark Carney speaks during an announcement on the Canada Strong Fu...