Canada Debuts First Federal Sovereign Wealth Fund
Government
Ottawa's new fund breaks from the sovereign wealth playbook. In April, the Canadian government announced the launch of the Canada Strong Fund, its first federal sovereign wealth fund (SWF). Canada has long been a leader in sovereign finance, thanks to the economic impact of the Maple 8 — its eight largest public pension funds — which manage more than C$2 trillion (about $1.45 trillion) in combined assets. But the introduction of the Canada Strong Fund marks the very first time Ottawa has ever
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