Overview
- The Canada Strong Fund, unveiled Monday, starts with a CAN$25 billion federal contribution to invest alongside private capital in large Canadian projects.
- Canadians will be able to buy into the fund through a planned retail product, with the government set to consult on how it will work and how investments will be protected.
- The fund will operate as an arm's-length Crown corporation and focus on clean and conventional energy, critical minerals, agriculture and infrastructure.
- The initiative is tied to faster project approvals under Bill C-5 and the Major Projects Office, which aim to cut federal review times and coordinate financing.
- The announcement lands a day before the Spring Economic Update, as officials flag smaller projected deficits while critics press for clarity on borrowing, accountability and overlap with existing federal funds.