涩里番

Prime Minister Mark Carney鈥檚 plan to launch a $25鈥慴illion Canada Strong Fund raises key governance and design questions, according to Sebastien Betermier, an associate professor of finance at 涩里番鈥檚 Desautels Faculty of Management.

Betermier said the proposed sovereign wealth fund will need to be carefully coordinated with existing vehicles such as the Canada Infrastructure Bank and the Canada Growth Fund to avoid overlap and inefficiency.

He also flagged risks in allowing retail investors to聽participate, noting that sovereign wealth funds typically pursue long-term, illiquid strategies.

鈥淭he way this new fund should be structured very much depends on its mandate,鈥� Betermier said.聽