Stop calling Canada’s latest big idea a sovereign wealth fund | About That

• 47 minutes ago
• News
• Duration 14:10

Prime Minister Mark Carney introduced a sovereign wealth fund for Canada to bolster national projects, create jobs and grow taxpayer money — but it’s not a sovereign wealth fund in the traditional sense. Andrew Chang explains the stark differences between the Canada Strong Fund and other countries’ sovereign wealth funds, and what we know so far about how it will work.

(Photo credits: The Canadian Press, Reuters, Adobe Stock, Getty Images)