Federal engagement in economy unprecedented, aside from wartime

The federal government becoming a shareholder in many Canadian companies as it seeks the capital it needs to build planned projects or launch new technologies.

Robert Kucheran, Canadian Building Trades Union chair of the executive board, left, Prime Minister Mark Carney, centre, and executive director Sean Strickland at the Canadian Building Trades Union convention in Gatineau, Que., on April 29, 2026.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 4, 2026

TORONTO—With the announcement of the Canada Strong Fund, Prime Minister Mark Carney is further expanding the role of the federal government in funding the renewal and future growth of the economy. This level of federal engagement in the economy—aside from wartime— ...

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