Toronto, April 27 -- The Canadian government has launched the country's first sovereign wealth fund called the Canada Strong Fund. It is designed to support a series of nation-building projects, with targeted developments in energy, trade, transport, data, and critical minerals to increase national resilience.

According to an address by Canadian Prime Minister Mark Carney, the fund is aimed to catalyze projects that generate economic growth and provide the necessary resources for national self-sufficiency. He also urged the public to join in and invest in the future of the country.

"The Canada Strong Fund will invest alongside the private sector in nation-building projects to create wealth for Canadians today and our kids tomorrow. And ...