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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://mastodon.social/users/persagen/statuses/116499918944546405">Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Friday, 10-Jul-2026 12:37:02 JST</a><a href="https://mastodon.social/@persagen" title="persagen@mastodon.social"><img src="https://gnusocial.jp/avatar/156189-48-20240908055012.webp" width="48" height="48" alt="Victoria Stuart 🇨🇦 🏳️‍⚧️" style="position: absolute; left: 0; top: 0;">Victoria Stuart 🇨🇦 🏳️‍⚧️</a><div><a href="https://mastodon.social/@persagen/116485453145756508" rel="in-reply-to">in reply to</a></div></section><article><p>🇨🇦 <a href="https://mastodon.social/tags/SamSlick" rel="tag">#SamSlick</a>, er: Mark Carney - New “sovereign wealth fund” Canada Strong Fund not what it seems<br><a href="https://www.policyalternatives.ca/news-research/canadas-new-sovereign-wealth-fund-is-not-exactly-what-it-seems" rel="nofollow">https://www.policyalternatives.ca/news-research/canadas-new-sovereign-wealth-fund-is-not-exactly-what-it-seems</a><br><a href="https://mastodon.social/@persagen/116485426041730443" rel="nofollow">https://mastodon.social/@persagen/116485426041730443</a></p><p>confusing announcement; worrying signals about how it will be used</p><p>Wealth &lt;--&gt; protects &lt;--&gt; power</p><p><a href="https://mastodon.social/tags/capitalism" rel="tag">#capitalism</a> <a href="https://mastodon.social/tags/billionaires" rel="tag">#billionaires</a> <a href="https://mastodon.social/tags/inequality" rel="tag">#inequality</a> <a href="https://mastodon.social/tags/IndustrialComplexes" rel="tag">#IndustrialComplexes</a><br>v.<br><a href="https://mastodon.social/tags/DemocraticSocialism" rel="tag">#DemocraticSocialism</a> <a href="https://mastodon.social/tags/equality" rel="tag">#equality</a> <a href="https://mastodon.social/tags/sustainability" rel="tag">#sustainability</a></p><p>Asset management<br>| • Asset recycling &lt;&lt; convert public good into private asset<br>| | • Canada Infrastructure Bank<br>| | • Canada Strong Fund</p></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/6359399#notice-12868146">In conversation</a><time datetime="2026-07-10T12:37:02+09:00" title="Friday, 10-Jul-2026 12:37:02 JST">about 3 days ago</time> <span>from <span><a href="https://mastodon.social/@persagen/116499918944546405" rel="external" title="Sent from mastodon.social via ActivityPub">mastodon.social</a></span></span><a href="https://mastodon.social/@persagen/116499918944546405">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: www.policyalternatives.ca</div><h5><a href="https://www.policyalternatives.ca/news-research/canadas-new-sovereign-wealth-fund-is-not-exactly-what-it-seems/">Canada’s new “sovereign wealth fund” is not exactly what it seems | CCPA</a></h5><div> from <span>@ccpa</span></div></header><div>The Canada Strong Fund’s confusing announcement comes with some worrying signals about how it will be used</div><footer></footer></article></li><li><article><header><div>No result found on File_thumbnail lookup.</div><h5><a href="https://mastodon.social/@persagen/116485426041730443confusing">Victoria Stuart 🇨🇦 🏳️‍⚧️ (@persagen@mastodon.social)</a></h5><div> from <span>Victoria Stuart 🇨🇦 🏳️‍⚧️</span></div></header><div>🇨🇦 Sam Slick: Canada is getting a sovereign wealth fund. What are they and how might this one work?
https://www.cbc.ca/news/business/canada-sovereign-wealth-fund-explainer-9.7179217Sovereign wealth funds are state-owned investment accounts, usually started with a country's extra moneyExtra money, meh! Huge economy (9th globally, with under 42M population) yet "austerity budgets." Underfunded social programs, infrastructure, services; overpriced goods. Capitalist utopia.
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Victoria Stuart 🇨🇦 🏳️‍⚧️ (persagen@mastodon.social)'s status on Friday, 10-Jul-2026 12:37:02 JST Victoria Stuart 🇨🇦 🏳️‍⚧️
in reply to
🇨🇦 #SamSlick, er: Mark Carney - New “sovereign wealth fund” Canada Strong Fund not what it seems
https://www.policyalternatives.ca/news-research/canadas-new-sovereign-wealth-fund-is-not-exactly-what-it-seems
https://mastodon.social/@persagen/116485426041730443
confusing announcement; worrying signals about how it will be used
Wealth <--> protects <--> power
#capitalism #billionaires #inequality #IndustrialComplexes
v.
#DemocraticSocialism #equality #sustainability
Asset management
| • Asset recycling << convert public good into private asset
| | • Canada Infrastructure Bank
| | • Canada Strong Fund
In conversationabout 3 days ago from mastodon.socialpermalink
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1. Domain not in remote thumbnail source whitelist: www.policyalternatives.ca
  Canada’s new “sovereign wealth fund” is not exactly what it seems | CCPA
  from @ccpa
  The Canada Strong Fund’s confusing announcement comes with some worrying signals about how it will be used
2. No result found on File_thumbnail lookup.
  Victoria Stuart 🇨🇦 🏳️‍⚧️ (@persagen@mastodon.social)
  from Victoria Stuart 🇨🇦 🏳️‍⚧️
  🇨🇦 Sam Slick: Canada is getting a sovereign wealth fund. What are they and how might this one work? https://www.cbc.ca/news/business/canada-sovereign-wealth-fund-explainer-9.7179217 Sovereign wealth funds are state-owned investment accounts, usually started with a country's extra money Extra money, meh! Huge economy (9th globally, with under 42M population) yet "austerity budgets." Underfunded social programs, infrastructure, services; overpriced goods. Capitalist utopia. ...

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