Discussion · Government Orders
Anthony Housefather Liberal
“This type of fund has worked well in countries like Norway and Singapore, even when they did not have extra money to start with. Why does the member think it will not work here?”
“Mr. Speaker, my hon. colleague has really talked down this type of fund, which has been enormously successful in countries like Norway and Singapore. Both countries started the fund in similar types of ways when they were not running a surplus. Can I ask the member why he feels this type of fund is so unsuccessful when parallel funds have worked in so many other places?”
Official Hansard
Mr. Speaker, my hon. colleague has really talked down this type of fund, which has been enormously successful in countries like Norway and Singapore. Both countries started the fund in similar types of ways when they were not running a surplus. Can I ask the member why he feels this type of fund is so unsuccessful when parallel funds have worked in so many other places?