
Canada Launches First Sovereign Wealth Fund with C$25 Billion
Canada has announced the launch of its first sovereign wealth fund, starting with an initial C$25 billion in funding. The fund aims to strengthen the country's economic independence.
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Canada is getting a sovereign wealth fund. What are they and how might this one work?
Sovereign wealth funds are usually started with extra money that governments then use to invest. But the Canada Strong Fund will differ from wealth funds in some other countries, and there are plenty of details that still need to be sorted out.
Read full article →Canada to launch its first sovereign wealth fund with initial C$25B funding
Read full article →Canada Launches First Sovereign Wealth Fund to Strengthen Economic Independence
Canada has announced the creation of its first sovereign wealth fund, with an initial capital of 25 billion Canadian dollars The post Canada Launches First Sovereign Wealth Fund to Strengthen Economic Independence appeared first on Morocco World News.
By Zayneb Elasraoui
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