Opinion: The Canada Strong Fund is a debt-fuelled corporate slush fund |
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Opinion: The Canada Strong Fund is a debt-fuelled corporate slush fund
Real sovereign wealth funds are a great idea when done right. But that’s not what Prime Minister Mark Carney is creating
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The Holy Roman Empire wasn’t an empire, or Roman, and its behaviour definitely wasn’t holy. But the title sounds impressive.
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Prime Minister Mark Carney seems to be using that marketing technique from the Middle Ages with the federal government’s latest way to borrow money and hand out corporate welfare.
Opinion: The Canada Strong Fund is a debt-fuelled corporate slush fund Back to video
Carney announced the creation of the Canada Strong Fund that he’s billing as “Canada’s first national sovereign wealth fund.”
Here’s the problem. Carney isn’t saving wealth. He’s borrowing more money.
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