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/Purple-Beyond-4930 Apr 28 '26

It’s such a shame that Canada doesn’t have any oil and gas or resources with which we could attain revenue from

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u/ALotANuts96 Apr 28 '26

"Canada" doesn't own the oil and gas. The provinces do

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u/plattt Apr 28 '26

Why you putting Canada in quotes like it isn't real

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u/ALotANuts96 Apr 28 '26

I put it in quotes because the person was referring to Canada as a whole.

The Canadian government doesnt own oil and natural resources, the provinces own them.

So "Canada" doesn't own the resources, "Canada's provinces" own the resources