Radio minute: Carney’s Sovereign Debt Fund

May 6, 2026

Mark Carney has announced a $25 billion Sovereignty Wealth Fund. But real sovereign wealth funds are built on surpluses and resource revenues. This government has only delivered 11 years of deficits and missed opportunities.

This “Sovereign Debt Fund” will not be built from savings, but on the national credit card, creating more debt, more inflation, and more pressure on families already struggling.

The Canada Infrastructure Bank promised private investment and delivered taxpayer losses. Bureaucracy grew, insiders benefited, and Canadians paid the price. Now, Mark Carney believes that doing the same thing again will somehow produce a different result.

Over $1 trillion in Canadian pension capital has been driven out of this country by red tape, taxes, and blocked projects.

If the Prime Minister believes in this wealth fund so strongly, he’s free to fund it himself—and keep his hands off Canadians’ pensions.

It’s time to abandon this Sovereign Debt Fund and focus on real growth, investment, and opportunity.