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Business of Supply

An opposition motion debated during Business of Supply criticizing the government’s proposed $25-billion Canada Strong Fund, a national sovereign wealth fund to be financed by borrowing and used to invest in major projects. Government members said the fund would attract private investment, follows models used in countries like Norway and Singapore, and supports a long-term economic plan. Conservative, Bloc Québécois, and Green members opposed or questioned the plan, saying real wealth funds are built from surpluses rather than debt, that few details or governance rules have been provided, that project choices could be politically influenced, and that the money would be better spent on cost-of-living relief or raised by taxing oil company profits. Some members also raised the government’s handling of the trade war and its budget deficit during the discussion.Written by AI from the debate. Updated .

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