{"id":104170,"date":"2026-04-27T14:14:36","date_gmt":"2026-04-27T18:14:36","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=104170"},"modified":"2026-04-27T14:14:36","modified_gmt":"2026-04-27T18:14:36","slug":"business-groups-say-new-sovereign-wealth-fund-another-helpful-tool","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2026\/04\/27\/business-groups-say-new-sovereign-wealth-fund-another-helpful-tool\/","title":{"rendered":"Business groups say new sovereign wealth fund another helpful tool"},"content":{"rendered":"

By Ian Bickis Business groups say the federal government’s decision to establish Canada’s first sovereign wealth fund could be helpful to get projects going, but is not a singular fix. Prime Minister Mark Carney announced the Canada Strong Fund on Monday, saying it will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology with an initial $25 billion in government funding. Matthew Holmes, head of public policy at the Canadian Chamber of Commerce, says the fund is another tool to spur investment, but its success hinges on the details and speed of implementation. Holmes says in a statement that given the amount of time it could take to get such a fund running, the immediate focus should remain on areas like boosting trade… <\/p>\n

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By Ian Bickis Business groups say the federal government’s decision to establish Canada’s first sovereign wealth fund could be helpful to get projects going, but is not a singular fix. Prime Minister Mark Carney announced the Canada Strong Fund on Monday, saying it will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology with an initial $25 billion in government funding. Matthew Holmes, head of public policy at the Canadian Chamber of Commerce, says the fund is another tool to spur investment, but its success hinges on the details and speed of implementation. Holmes says in a statement that given the amount of time it could take to get such a fund running, the immediate focus should remain on areas like boosting trade... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-104170","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"\nBusiness groups say new sovereign wealth fund another helpful tool - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/04\/27\/business-groups-say-new-sovereign-wealth-fund-another-helpful-tool\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business groups say new sovereign wealth fund another helpful tool - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Ian Bickis Business groups say the federal government’s decision to establish Canada’s first sovereign wealth fund could be helpful to get projects going, but is not a singular fix. Prime Minister Mark Carney announced the Canada Strong Fund on Monday, saying it will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology with an initial $25 billion in government funding. Matthew Holmes, head of public policy at the Canadian Chamber of Commerce, says the fund is another tool to spur investment, but its success hinges on the details and speed of implementation. 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