Is Mark Carney’s proposed “Sovereign Wealth Fund” actually a sovereign DEBT fund?
In this preview of a longer members-only conversation, Stephen LeDrew speaks with Brian Lilley about the federal government’s latest economic proposal — and why many believe it is just another expensive Ottawa bureaucracy.
Lilley argues the plan is fundamentally different from successful sovereign wealth funds like Norway’s because Canada would be borrowing money to finance it rather than investing surplus revenue, of which we have none! He also raises concerns about political interference, government-backed investing, and Ottawa’s growing habit of creating new agencies instead of reducing regulation and unleashing private-sector growth.
This is just the beginning of the conversation.
👉 In the full 10-minute interview, LeDrew and Lilley dive deeper into:
The Canada Infrastructure Bank and other federal investment funds
Why business owners say regulation is choking growth
Canada’s competitiveness crisis
Corporate taxes, capital gains, and investment flight
And whether Ottawa is expanding bureaucracy instead of allowing the economy to expand.
Full interview available for members - https://www.youtube.com/theledrewthreeminuteinterview/join
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