Discussion · Government Orders
François-Philippe Champagne Liberal
“I will say this again. The new wealth fund will be run independently from the government. We will look at the best examples around the world to set it up.”
“Mr. Chair, I have been doing this for hours tonight. I will repeat what I have said. We understand very clearly that governance is key when setting up a sovereign wealth fund, and it is going to be at arm’s length from the Government of Canada. We said that very clearly from the get-go. We are going to be consulting to incorporate best practices that we see around the world.”
Official Hansard
Mr. Chair, I have been doing this for hours tonight. I will repeat what I have said. We understand very clearly that governance is key when setting up a sovereign wealth fund, and it is going to be at arm’s length from the Government of Canada. We said that very clearly from the get-go. We are going to be consulting to incorporate best practices that we see around the world.