“I don't want the sovereign wealth fund to pay for projects I don't like. The fund should only do things I agree with. The Liberals should not use it to fund pipelines. It should only fund things that everyone agrees are good.”
What they said. What they meant.
Plain-language translations from the House of Commons.
Recent debates
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Business of Supply
A debate on the government's proposal for a 'Canada Strong' sovereign wealth fund, which the opposition argues is not a real sovereign wealth fund since the government has no budget surplus to fund it with. The Conservatives and Bloc both criticized it heavily as expensive, based on debt not surplus, and likely to distort markets by having government pick winners and losers. The Liberals defended it as far-sighted leadership investing in Canadian growth and potential.