Prime Minister Mark Carney’s $25 billion Canada Strong Fund, billed as a sovereign wealth fund for nation-building projects, is drawing sharp criticism for being financed entirely through borrowing.

Prime Minister Mark Carney has announced the Canada Strong Fund, billed as the country's first sovereign wealth fund with a $25 billion federal endowment. Supporters say it will invest in strategic ...

Canadian Prime Minister Mark Carney is marketing his new Canada Strong Fund as a "sovereign wealth fund," but it is one of ...

The government says Canada's debt is 14% lower than projected earlier, with savings being used to justify billions in new ...

OTTAWA--Household debt in Canada expanded slightly in the third quarter, even as Canadians accumulated financial wealth thanks to equity-market gains. The ratio of household credit market debt to ...

TORONTO--(BUSINESS WIRE)--Persistently high incidence of revolving debt and deteriorating financial health 1 have started to affect the way credit cardholders in Canada use their cards. According to ...