Stop calling Canada's latest big idea a sovereign wealth fund | About That
By CBC News
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Prime Minister Mark Carney introduced a sovereign wealth fund for Canada to bolster national projects, create jobs and grow taxpayer money — but it's not a sovereign wealth fund in the traditional sense. Andrew Chang explains the stark differences between the Canada Strong Fund and other countries' sovereign wealth funds, and what we know so far about how it will work. Intro - 00:00 Where’s the money? - 01:51 What fuels the fund? - 04:29 The sovereign ‘slush’ fund? - 09:47 (Photo credits: The Canadian Press, Reuters, Adobe Stock, Getty Images) »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS For breaking news, video, audio and in-depth coverage: https://www.cbc.ca/news Follow CBC News on TikTok: https://www.tiktok.com/@cbcnews Subscribe to CBC News on Snapchat: https://bit.ly/3leaWsr Subscribe to CBC News on WhatsApp: https://www.whatsapp.com/channel/0029Vb6MSjH9Bb63S9tbQa1Y Download the CBC News app for iOS: http://apple.co/25mpsUz Download the CBC News app
Tags: CBC News, CBC, News, breaking news, Mark Carney, Pierre Poilievre, Liberal, Conservative, Canada, Norway, Sovereign Wealth Fund, Andrew Chang, Economy, About That
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