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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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Ontario Mayors Push Back Against Financial Incentives for Doctor Recruitment

Several Ontario mayors are voicing concerns over the financial incentives municipalities use to attract doctors, arguing that the practice is harming communities that cannot afford to compete.  

Sault Ste. Marie Mayor Matthew Shoemaker has gone as far as suggesting a nationwide ban on such incentives, stating that his city, which needs 40 more doctors, cannot match the lucrative offers made by other municipalities. Similarly, North Perth Mayor Todd Kasenberg has criticized the approach, calling it an "arms race" with no real winners.  

The issue is particularly pressing in rural and northern communities, where access to healthcare is already limited. Experts warn that financial incentives may help recruit doctors but do little to retain them in underserved areas.  

While Ontario's health ministry has made investments to improve access to doctors, it has not indicated whether it will consider banning municipal financial incentives.  

The debate continues as communities struggle to balance recruitment efforts with long-term healthcare stability.  


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