BBC News – World
·world
·2 hours ago
Canada's Carney launches a sovereign wealth fund. What is it?
Prime Minister Mark Carney announced the launch of Canada Strong Fund, the country's first sovereign wealth fund, aimed at funding major development projects. The fund will start with an initial contribution of C$25 billion and allow Canadian citizens to invest directly. Critics express concerns about the potential financial risks and limited returns associated with the initiative.
Summary by Glance · BBC News – World
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