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The Canada Strong Fund — Invest Like the Government

  Published on MoneySavings.ca | Personal Finance | May 2026 Imagine being able to put your savings into the same fund the federal government is betting $25 billion on. For the first time in Canadian history, that's exactly what Ottawa is offering you — a front-row seat (and a direct stake) in the country's biggest nation-building push in generations. On April 28, 2026, Prime Minister Mark Carney announced Canada's first national sovereign wealth fund — the Canada Strong Fund. It's a bold, headline-grabbing idea: let everyday Canadians invest directly alongside the government in the ports, pipelines, mines, and infrastructure projects shaping our economic future. But before you start redirecting your TFSA contributions, let's break down exactly what this fund is, what it promises, what it costs — and whether it might belong in your financial plan. What Is the Canada Strong Fund? A sovereign wealth fund is a state-owned investment vehicle. Countries like Norw...

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Canada Strikes Back with $29.8 Billion in Tariffs on U.S. Goods

 

In a bold move to counter U.S. tariffs on Canadian steel and aluminum, Canada has announced retaliatory tariffs worth $29.8 billion. The new measures, set to take effect on March 13, 2025, will impose a 25% tariff on a range of U.S. imports, including steel, aluminum, computers, sports equipment, and cast-iron products.

Canadian Finance Minister Dominic LeBlanc emphasized the importance of protecting Canada's industries, stating that these tariffs are a direct response to the U.S.'s "unjustified" actions. The Canadian government has also introduced measures to support affected workers and businesses, including financial aid and trade programs.

This development marks a significant escalation in trade tensions between the two nations, with both sides standing firm on their positions. The impact of these tariffs is expected to ripple through industries on both sides of the border, potentially affecting prices and supply chains.

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