• Carney government has no launch date planned for proposed sovereign wealth fund

    Source: CBC Politics
    Date: 2026-10-21 08:00:00.0
    Tags: [National, Economy, Finance, Infrastructure, Industry, Governance]

    Nearly six months after Prime Minister Mark Carney announced plans to create the Canada Strong Fund—a proposed national sovereign wealth fund backed by $25 billion in seed funding over three years—the federal government has yet to establish a launch date or finalize its operational details. Administered as an arm's-length Crown corporation, the fund is intended to invest domestically in energy, infrastructure, agriculture, and technology alongside private investors, while introducing a retail investment product for ordinary Canadians. Finance Minister François-Philippe Champagne's office indicated that a significant update, including leadership announcements and mandate reviews to prevent overlap with existing entities like the Canada Growth Fund and Canada Infrastructure Bank, will be provided in the upcoming fall budget.

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  • PQ leader says he's worried Ottawa is meddling in Quebec election

    Source: CBC Politics
    Date: 2026-09-04 22:03:52.0
    Tags: [Quebec, National, Governance, Infrastructure, Industry, Transportation]

    Parti Québécois Leader Paul St-Pierre Plamondon has requested that Élections Québec investigate potential federal interference and illegal campaign contributions in the upcoming October 5, 2026 provincial election, citing recent federal announcements including an $11-billion investment in the Davie shipyard, a Churchill Falls agreement with Newfoundland and Labrador, and a $4.7-billion train car manufacturing investment in La Pocatière. St-Pierre Plamondon also raised concerns over alleged coordination between Prime Minister Mark Carney's federal government, Coalition Avenir Québec Leader Christine Fréchette's campaign, and the non-profit organization Mission Leadership Québec regarding town hall contracts. Premier Christine Fréchette has denied the allegations of federal meddling, asserting that the partnerships benefit Quebec.

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