Columbia Business School’s Professor Brett House authored an op-ed in Maclean’s analyzing Canada’s Canada Strong Fund (CSF). In the piece, House explores whether the $25-billion fund—a government initiative to retain capital and investment in Canadian companies—can effectively address the country’s economic challenges. He highlights concerns about the fund’s structure, its reliance on government borrowing, and its potential to keep Canadian businesses from seeking foreign investment. House also emphasizes the need for broader reforms in trade, immigration, and procurement to complement the CSF’s goals.
Canadian Companies Need Cash. Is a Sovereign Wealth Fund the Answer?
Our pension funds and asset managers control $10 trillion. The Canada Strong Fund could put more of it to work at home.