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Canada announces new sovereign wealth fund with call for investments from citizens

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Score: 0.27Center / Neutral

Canada is opening the country’s first sovereign wealth fund, Prime Minister Mark Carney announced on Monday. The “Canada Strong Fund” will invest in Canada’s various nation-building projects, including in trade, energy and critical minerals, transportation, and data industries, according to Carney. The fund will begin with an initial 25 billion Canadian dollar federal contribution over […]



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Al Jazeera English
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