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Canada’s New Sovereign Wealth Fund is Ambitious, but Raises Questions
Prime Minister Mark Carney recently announced Canada’s first national sovereign wealth fund, the Canada Strong Fund. It’s aimed at investing $25 billion in domestic projects while offering Canadians a chance to invest alongside the government. The fund has a dual mandate to deliver market-rate returns while also investing in Canadian projects that build a stronger…

Inside Mark Carney’s Liberal Turnaround
A year ago this month, Canadians delivered a result that seemed impossible just a few weeks earlier: another Liberal minority government, this time under newly chosen leader Mark Carney. Now, after winning three byelections, the Liberals have a majority for the first time since 2019. It’s been an astonishing reversal of fortune for the Liberals.…

What is the Strait of Hormuz, and Why Does its Closure Hurt the Global Economy?
The joint attack launched by the United States and Israel on Iran began on Feb. 27 and has sparked a fast-moving conflict that could expand across the Middle East. Iran’s response has already included strikes on U.S. bases in surrounding countries as far away as Qatar and Oman, and has announced the closure of the…

As the Middle East Conflict Drives Up Oil Prices, What Rising Energy Costs Mean to You
Since American and Israeli missiles began striking Iran, global oil prices have jumped sharply. The conflict has resulted in the disruption of tanker traffic through the Strait of Hormuz, which carries about one-fifth of the world’s oil shipments. For Canadians, the effects have been immediate, with higher prices at the gas pump. A familiar refrain…

Mark Carney’s Davos Speech Marks a Major Departure From Canada’s Usual Approach to the U.S.
It was a moment of global clarity. Prime Minister Mark Carney’s speech to the world’s political and economic elite gathered in Davos this week described global realities, past and present, with a candour and nuance rarely heard from a serving politician. The message was twofold. First, Carney made clear that the world has changed, and…

Lest We Forget: Each Year, Three Canadian Medics Who Served in Afghanistan Take Stock of Their War
Retired medic Bill Wilson acknowledges two Remembrance Days every year. On Nov. 11, the Canadian Armed Forces veteran from Leamington, Ont., will honour the sacrifices made by other generations of Canadians in the First and Second World Wars. And on April 18, he pays tribute to four Canadians who lost their lives in a friendly-fire…