Budget 2026: Ottawa plans to merge federal financing agencies, set up standalone sovereign wealth fund

The Globe and Mail · James Bradshaw ·

Measures aim to simplify, strengthen support for companies and investment

Listen to this article

Learn more about audio

The Carney government plans to merge two major federal financing agencies and set up a standalone $25-billion sovereign wealth fund, outlining in Thursday’s federal budget an ambitious effort to create a simpler, more muscular ecosystem to support companies and investment in Canada.

Read the full story at The Globe and Mail · All coverage of this story