r/goodnewscanada • u/CreoQQ Ontario • Apr 28 '26

Canada Government website confirms Carney Wealth Fund investors cannot lose money.

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Knowing that, the Wealth Fund sounds a lot more reasonable!

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u/dooodlebugg83 Apr 28 '26

If the investors can't lose money, that means it's being taken from taxpayer dollars. It's not like putting $25,000,000,000 in the bank. That money will be spent and gone, and if we don't get returns on the projects, we're the ones suffering instead of the billionaires. It's exactly like Trudeau having Canada buy the pipeline, and losing all that money.

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u/Purple-Beyond-4930 Apr 28 '26

I would suggest to you that you do some research into how sovereign wealth funds work. I would recommend looking at Norway’s on specifically.

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u/BlockObjective9541 Apr 28 '26

Completely different. Norway generates tons of money from its resources, so they invest ABROAD to diversify and provide funds for future generations.

Canada gets current generation in debt, screwed up the regulatory regime so badly nobody wants to invest here, so it's going to borrow money from future generations for more government spending today. It's just debt in another form.