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Jack Mintz: Not another Liberal slush fund!

There's a long, sorry history of public-private investment funds in Canada. They don't end up satisfying either partner

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Rather than pay down the federal government’s debt, Prime Minister Mark Carney has announced a $25-billion sovereign wealth fund (SWF), the Canada Strong Fund, which will join with private interests to invest in nation-building projects. It could grow even larger by selling a “retail investment product” to any Canadians who for some reason want to hold shares in politically-directed projects like high-speed rail, mining critical minerals and expanding the Port of Churchill.

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