Canada Strong Fund — Canada’s first sovereign wealth fund

[Dr Strangelove]

[testerone]

Hopefully structured in a way that ho one can piss it all away like Alberta did.

[Dr Strangelove]

Canada’s federal debt is fine. Private debt is the problem. When the average Canadian is carrying around a debt to income ratio of 180% you really have to take a step back. And these numbers were worse before COVID.

Private money creation is always the problem. A monetary sovereigns only constraint is inflation. Which this fund helps will help fight against. No double entry obligations for this money like if the $25b was printed and loaned by banks.