Canada Setting Up Investment Fund to Distance Economy From U.S.

THE NEW YORK TIMES: The sovereign wealth fund announced by Prime Minister Mark Carney will be far smaller than ones in other oil producers like Norway and the Middle East.

Prime Minister Mark Carney of Canada said Monday that his country would establish a pool of money similar to those used by major oil exporters like Norway to make investments as he seeks to make the Canadian economy less dependent on the United States.

Known as a sovereign wealth fund, it will focus on investments in Canadian infrastructure and will be operated like a private company. Canadians will also be able to invest in the fund.

Sovereign wealth funds are large pots of investment money that are generally managed independently, though they sometimes receive broad direction from governments about where they can put their funds.

In creating one of it own, Canada is following the lead of other countries, among them oil-rich nations in the Middle Eastern.

“This will be a Government of Canada fund, but more importantly, it will be a people’s fund, it will be your fund,” Mr. Carney told reporters in Ottawa. “Many countries that are blessed with natural resources, like Norway, have them. Canada has not until now.” » | Ian Austen | Reporting from the steam locomotive hall at a science and technology museum in Ottawa where Prime Minister Mark Carney spoke.| Monday, April 27, 2026

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Mark Carney is a great leader. — © Mark Alexander

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Donald Trump’s Trump Greenland Threats have detonated a diplomatic crisis inside NATO—and Canada just drew a bright red line in Paris. In this video, we break down how Trump Greenland Threats to take Greenland “by force” triggered a unified European response, pushed Denmark to warn NATO itself could collapse, and prompted Canada’s new Prime Minister Mark Carney to publicly side with Denmark—then back it up with a concrete move: a Canadian consulate in Nuuk, Greenland.
You’ll hear why Carney’s language mattered, how NATO allies coordinated their message that Greenland’s future belongs to Greenlanders and Denmark alone, and why this moment could reshape Arctic security cooperation for years. We also explain the strategic stakes—from Pituffik (Thule) Space Force Base to Arctic shipping lanes and critical minerals—and why Trump Greenland Threats may be doing Russia and China a massive favor.

If you care about NATO, Arctic geopolitics, and how presidential rhetoric can fracture alliances, this is the story you can’t ignore.


Trump should be sectioned. FT! FA! — © Mark Alexander

Mark Carney Year-end Interview with Global's Dawna Friesen

Dec 26, 2025 | Global News National Anchor and Executive Editor Dawna Friesen sat down with Canadian Prime Minister Mark Carney for an end of year interview to discuss a plethora of topics concerning Canadians ranging from affordability, U.S. trade, to climate change.

The conversation aired on December 25, 2025. When asked what about being prime minister has surprised him the most, Carney briefly touched on his previous experience working with Stephen Harper as a civil servant. “I had a sense that the job is 24/7, 365 days a year. It’s one thing to have that sense, it’s another thing to live it.”

While discussing trade negotiations with the U.S., Carney stood firm in his belief that Canada should not rush itself into an unfavourable deal. “Every week that goes by, the more that we are developing our economic strategy at home, the more we're developing those relationships abroad, the stronger we get.”

Friesen highlighted the cost-of-living crisis affecting many Canadians and pressed Carney on what his message to those who are struggling. Carney emphasized the scale of the issue is enormous and that it fundamentally comes down to facilitating economic growth. “We are doing a series of things,” Carney said, referring to cutting taxes while preserving critical public services, “and we’ll continue to look for others that help bridge over that period of time, but at the core is we have to grow this economy.”

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We in the UK must stand by Canada. We must also stand by Denmark. And by the other countries which are being bullied by President Chump. I hope Mark Carney becomes Canada's next prime minister. He would make a fine prime minister for Canada. Furthermore, Canada needs this solid man right now. – © Mark Alexander

Government Is Undercutting UK Institutions, Says Former Bank Governor

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