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Canada to launch sovereign wealth fund with C$25 billion to fuel major domestic projects
Economy
Published on 27 April 2026
It starts with C$25 billion earmarked for domestic projects
Canada plans to create a sovereign wealth fund backed by an initial C$25 billion endowment, Prime Minister Mark Carney said. The fund will target investment in major domestic projects, aiming to put public resources to work at scale. The move signals a renewed approach to long-term national investment, while also potentially influencing global capital flows and market expectations.
- Canada will establish a sovereign wealth fund
- Initial endowment is C$25 billion
- Investments will focus on major domestic projects
- Prime Minister Mark Carney announced the plan
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times