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April 28, 2026

Prime Minister Mark Carney unveils $18B Canadian investment fund

By ROB GILLIES
Associated Press

TORONTO — Canada is developing a government-owned investment fund, Prime Minister Mark Carney announced Monday.

Carney said the fund will invest in major Canadian industrial projects in areas such as energy, infrastructure, mining, agriculture and technology. It will begin at 25 billion Canadian dollars ($18 billion).


 
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