Discussion · Government Orders

Sandra Cobena Conservative

“The minister did not answer my question about investing in other countries instead of only in Canada. Norway's fund is independent from politicians. How can this Canadian fund be independent if politicians decide what it invests in?”
Official Hansard

Mr. Chair, my question was about diversifying investments. I did not receive an answer. Norway does not, in fact, invest the funds domestically. The minister is proposing exactly the opposite, to invest only in Canada. My next question is this: Norway, which is the best-in-class example, ensures that the fund is free from political interference, so how can the fund be independent if it is prioritizing public interests selected by politicians like himself?

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