Carney unveils $18 billion Canadian government-owned investment fund ^57.9%

AP News - By ROB GILLIES - 4/27/2026, 2:20 PM

Appeal to Authority 43.6% - Availability Heuristic 13.5% - Representativeness Heuristic 13.1%

TORONTO (AP) — Canada is developing a government-owned investment fund, Prime Minister Mark Carney said Monday. Carney said that the fund would invest in major Canadian industrial projects, in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars ($18 billion). The prime... more