Prime Minister Mark Carney responds to a question during an event in Ottawa on April 23, 2026. The Canadian Press/Adrian Wyld
Prime Minister Mark Carney has announced plans to create a sovereign wealth fund that would back major projects deemed of national interest.
The federal government will contribute $25 billion to the “Strong Canada Fund,” and accept investment from the private sector and individual Canadians, he said. The fund will include projects in “clean and conventional energy, critical minerals, agriculture, and infrastructure.”
