Canada’s sovereign wealth fund must deliver more than returns
If the feds want the fund to serve as a catalyst for domestic investment, then its mandate, governance, and investment architecture must reflect that ambition.
Canada’s proposed sovereign wealth fund arrives at a moment of real urgency. The country faces a large and well-documented investment gap, estimated by Royal Bank of Canada research at roughly $1.8-trillion to support long-term growth. The instinct to mobilize public capit...
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