Discussion · Government Orders

Kevin Lamoureux Liberal

“Canada needs a sovereign wealth fund to invest money and build a stronger economy. Other countries have them, and I do not understand why the Conservatives and the Bloc oppose it.”
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Mr. Speaker, it is somewhat disappointing that we have the Conservative and the Bloc members united in believing that this is something the country does not need. In fact, if one was to be a bit of a visionary and demonstrate some true leadership, they would understand and appreciate the actual value of having a sovereign wealth fund. There is a significant difference between what is being put on the table and the Infrastructure Bank. It is unfortunate that the members do not necessarily understand the difference between the two. We have the potential to generate investments to continue to build a stronger economy. I can understand why the Bloc might oppose Canada becoming a stronger nation, relatively speaking, but I do not understand why the Conservatives would resist something that other countries around the world have. Why is it not good enough for Canada if other countries have deemed it necessary?

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