Canadian Prime Minister Mark Carney has announced the launch of the Canada Strong Fund, which is the nation’s first sovereign wealth fund and has an initial value of $25 billion. The plan is to use this fund for financing large-scale projects within the nation such as clean energy, mining, and infrastructure through partnerships with the private sector. However, this plan has a unique strategy of allowing common Canadians to invest in this fund using their personal funds to receive dividends in a way similar to that of a mutual fund. Carney stressed the importance of this project by highlighting its focus on Indigenous partnerships and well-paid union jobs, partially financed by increased federal income through the price rise of oil.