Discussion · Government Orders
Gord Johns NDP
“Norway's sovereign wealth fund is independent and used only for the public good. Canada's fund should be the same. It should not be used for political projects, like a pipeline that businesses and First Nations do not support. Does my colleague agree?”
“Mr. Speaker, we hear the Prime Minister and my colleague compare the sovereign wealth fund to the Norwegian fund. The Norwegian sovereign wealth fund is independent, and it is only for public good. It is not used for political interests or what the Liberals call nation-building projects, which could end up funnelling money to Danielle Smith’s dream pipeline through the north coast, billions of dollars for a pipeline that the private sector does not even have support for, never mind support from coastal first nations that are opposed to it. Does my colleague agree that the sovereign wealth fund should be independent and only for public good, not for supporting private projects that are not economically viable?”
Official Hansard
Mr. Speaker, we hear the Prime Minister and my colleague compare the sovereign wealth fund to the Norwegian fund. The Norwegian sovereign wealth fund is independent, and it is only for public good. It is not used for political interests or what the Liberals call nation-building projects, which could end up funnelling money to Danielle Smith’s dream pipeline through the north coast, billions of dollars for a pipeline that the private sector does not even have support for, never mind support from coastal first nations that are opposed to it. Does my colleague agree that the sovereign wealth fund should be independent and only for public good, not for supporting private projects that are not economically viable?