Carney's $25B sovereign wealth fund: Why it's actually a debt-financed subsidy

Rudyard Griffiths and Sean Speer discuss Prime Minister Carney's proposed sovereign wealth fund for Canada. They argue that his proposed fund fundamentally differs from traditional sovereign wealth funds because it is debt-financed, not surplus-funded, and focuses on domestic rather than international investments. They explore whether this represents a subsidy program for economically unviable projects, question the fund's structure compared to existing government programs, and consider alternative approaches, such as requiring the Canada Pension Plan to invest domestically.

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CREDITS:

Amal Attar-Guzman - Producer

Elia Gross - Editor

Rudyard Griffiths and Sean Speer - Hosts

Adrian Wyld/The Canadian Press - Photo Credit

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