Canada launching first sovereign wealth fund for large infrastructure projects
Canada is launching a sovereign wealth fund designed to help finance significant infrastructure projects.
On Monday, Prime Minister Mark Carney confirmed the Canada Strong Fund will invest in strategic Canadian projects and companies alongside other investors including individual Canadians.
Read: More alignment needed between governments, institutional investors to fund coveted infrastructure projects: expert
While the feds didn’t confirm which projects the new fund will initially back, they indicated a focus on infrastructure,........
