Keep government out of Canada’s sovereign wealth fund

The fund's hiring, administration, and procurement processes must be unhindered by any government-imposed constraints. Once established, it should be autonomous with Ottawa unable to interfere in its daily or investment operations.

Prime Minister Mark Carney's Canada Strong Fund should be headquartered in Toronto or Calgary, and have several regional offices, including Montreal; it is essential to have people where you want to invest, writes Malcolm Bird.The Hill Times photograph by Andrew Meade

Opinion

BY MALCOLM BIRD

June 1, 2026

Why does Canada have one liquified natural gas terminal while the United States and Australia have 10 each? Why is such a valuable and strategic asset like LNG Canada operated by foreign firms, three of which are state owned? Why is there no Canadian investment in it?

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