Canada Growth Fund skeptics wary of exemption from typical oversight requirement

The $15-billion fund will be the Liberals’ latest attempt to use public money to entice pension funds and private capital to invest in the government’s priorities.

Deputy Prime Minister and Finance Minister Chrystia Freeland, seen here on Nov. 24, 2022, first announced the Canada Growth Fund as part of Budget 2022.The Hill Times photograph by Andrew Meade

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BY KEVIN PHILIPUPILLAI

February 19, 2023

Public policy researchers and environmental advocates say they are concerned about the federal government’s plans to exempt the new $15-billion Canada Growth Fund from a section of the Financial Administration Act that requires Crown corporations to seek cabinet approval f...

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