OTTAWA — Prime Minister Mark Carney’s new sovereign wealth fund risks repeating the problems of a troubled British fund he helped create, a new report warns.
The report, released Thursday by think tank the Montreal Economic Institute (MEI), notes that Carney’s Canada Strong Fund echoes the United Kingdom’s National Wealth Fund, and argues that the resemblance should be a red flag for the Canadian prime minister and former Bank of England governor.
I bet Carney will do ok though.
