Canada has announced the creation of a $25 billion sovereign wealth fund, describing it as a transformative initiative for the nation's economy. The fund is expected to invest in a diversified portfolio, potentially including thousands of companies, as part of a strategy to stabilize and grow national wealth. Officials say the fund will help Canada navigate economic volatility and secure long-term prosperity.
Canada Launches $25 Billion Sovereign Wealth Fund in Bold Economic Move
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May 1, 2026 · 2:09 PM