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The sovereign wealth fund Canada finally got – and the one it still needs

Prime Minister Mark Carney speaks from a lectern beside a Canadian National Railways locomotive at the Canada Science and Technology Museum, during an announcement on the Canada Strong Fund, Canada's first sovereign wealth fund in Ottawa on Monday, April 27, 2026. THE CANADIAN PRESS/Justin Tang

Prime Minister Carney’s Canada Strong Fund is a long overdue step but its success hinges on Indigenous economic participation and ironclad discipline

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