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Tasha Kheiriddin: Carney's new fund is for corporate welfare, not sovereign wealth

The Liberal love affair with bureaucracy continues

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Congratulations, Canada! On Monday, our nation joined an exclusive club: countries with sovereign wealth funds. Norway, Kuwait and other resource-rich nations have long tapped royalties and budget surpluses to fund investment vehicles: in this era of geopolitical uncertainty and an erratic neighbour, Prime Minister Mark Carney thinks it’s time Canada does the same.

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