BREAKING: Canada is launching an $18.4 billion sovereign wealth fund to "bankroll major projects of national interest," per FT. Details include: 1. This marks the first ever sovereign wealth fund for Canada and is is part of Carney’s drive to turn Canada into the “strongest economy of the G7” 2. The “Canada Strong Fund” will work alongside the private sector to finance 15 infrastructure proposals 3. This comes as Canada’s deficit jumped to C$78 billion in 2025, up from $42 billion the previous year 4. Carney looks to catalyze $1 trillion in total investment in Canada over the next 5 years The move comes Canada has dealt with US tariffs for over one year.