QUESTION PERIOD — Finance
Canada Strong Fund
April 29, 2026
Thank you, Senator Moreau. I am building on my colleague’s earlier question but with a slightly different tack. In addition to the Team Canada Strong initiative, the Prime Minister also announced the Canada strong fund, which is Canada’s first national sovereign wealth fund. It’s a fund designed to invest in Canadian projects that will reinforce our country’s sovereignty and economic resilience. The Canada strong fund will finance clean energy and critical minerals initiatives, among others.
Senator, has the government done any projections on the role that the Canada strong fund could play in the strategy to meet Canada’s —
Thank you, senator.
One of the advantages of the sovereign wealth fund is its flexibility, meaning it could definitely play a role in the strategy to meet Canada’s emissions reduction targets.
The government is launching the first national sovereign wealth fund, which will invest in large, ambitious Canadian projects in energy infrastructure, mining, agriculture and technology alongside private investors and individual investors. It will increase the availability of funds to invest in those —
Thank you, Senator Moreau.
