Discussion · Government Orders
Sandra Cobena Conservative
“The minister did not answer my question. We are borrowing 25 billion dollars for this fund, while Norway uses extra cash. Norway also invests all around the world. How will our fund get the best returns without doing that?”
“Mr. Chair, the minister did not answer the question. They will be borrowed funds, $25 billion in borrowed funds, whereas Norway funds it by surpluses. My next question is this: Norway also ensures diversified global investments, so how is this fund expecting the best-in-class returns without global diversification?”
Official Hansard
Mr. Chair, the minister did not answer the question. They will be borrowed funds, $25 billion in borrowed funds, whereas Norway funds it by surpluses. My next question is this: Norway also ensures diversified global investments, so how is this fund expecting the best-in-class returns without global diversification?