Canada's first sovereign wealth fund

Canada just unveiled the “Strong Canada Fund,” a national piggy bank for mega projects, and the comments section instantly turned into a civil war. Supporters hear nation‑building and like that regular Canadians can invest; one dad shrugged, “maybe it helps my kids.” But the loudest voices are side‑eyeing the bill—hard. The biggest flashpoint? Cash. Critics point out the fund is reportedly seeded with $25B in debt, not oil riches like Norway, calling it a fancy way to spend borrowed money. Another camp fears a “CPP sequel,” saying if it’s run like the Canada Pension Plan, it’ll underperform while execs collect big bonuses. History nerds tossed in a cautionary link to B.C.’s BCRIC fiasco and whispered, “don’t let this be that.”

Then there’s the project pipeline drama. The Building Canada Act speeds approvals to “one project, one review,” even letting cabinet override some federal rules. That sparked memes about “one review, zero oversight” and battles over what gets built first. Rail fans and skeptics traded jabs after one commenter asked, “why all the love for Canadian Pacific?” Meanwhile, the new Major Projects Office—basically the national suggestion box—was roasted as “where pitches go to die” by cynics. In short: big dreams, bigger doubts, and peak Canadian sarcasm.