BREAKING: PM Carney Unveils $2B ‘People’s Fund’ in Major Economic Pivot
BREAKING: PM Carney Unveils $2B ‘People’s Fund’ in Major Economic Pivot OTTAWA — Prime Minister Mark Carney today announced the launch of the Canada Strong Fund , the nation’s first sovereign wealth fund, during a high-stakes address at the Canadian Science and Technology Museum. Describing the initiative as a "People’s Fund," Carney framed the $2 billion endowment as a tool to reclaim Canadian economic sovereignty in an era where the international order is "crumbling." A New Era of 'Nation-Building' Drawing direct parallels to the 1870s construction of the Canadian Pacific Railway, the Prime Minister argued that Canada must once again build its way out of global instability. However, Carney was quick to distinguish this plan from the "scars" of the past, specifically pledging that this new era would be defined by Indigenous ownership and high-paying union jobs . Key Pillars of the Canada Strong Fund: ● Initial Endowment: Launching...