Mark Carney's announcement about a sovereign wealth fund for Canada is definitely interesting. It could help finance major infrastructure projects and strengthen the economy. Curious to see how this develops. Chicken road game https://chickenroadcasino.ca/fr
That said, the devil is in the details. Who manages it? How transparent will it be? And will provinces with their own resource royalties (Alberta, for instance) buy in? Carney’s background at the Bank of Canada and Bank of England gives him credibility, but politics always gets messy. On a side note, while following economic news, I sometimes take a break to browse spinmama – nice place to unwind with some fun spins. Back to the topic: if Carney ties this wealth fund to green energy projects and innovation, it could also attract private investment. Definitely curious to see the fine print next week.
Mark Carney's announcement about a sovereign wealth fund for Canada is definitely interesting. It could help finance major infrastructure projects and strengthen the economy. Curious to see how this develops. Chicken road game https://chickenroadcasino.ca/fr
ReplyDeleteThat said, the devil is in the details. Who manages it? How transparent will it be? And will provinces with their own resource royalties (Alberta, for instance) buy in? Carney’s background at the Bank of Canada and Bank of England gives him credibility, but politics always gets messy.
ReplyDeleteOn a side note, while following economic news, I sometimes take a break to browse spinmama – nice place to unwind with some fun spins. Back to the topic: if Carney ties this wealth fund to green energy projects and innovation, it could also attract private investment. Definitely curious to see the fine print next week.