Ottawa, April 28 -- Canadain Prime Minister Mark Carney on Monday announced the creation of the Canada Strong Fund, a $25 billion sovereign wealth fund aimed at financing major national projects and strengthening the country's economic resilience.

The fund, Canada's first of its kind, will invest alongside private and international partners in key sectors including clean and conventional energy, critical minerals, agriculture and infrastructure.

Officials said returns generated from the fund's investments will be reinvested to grow its capital base over time, allowing it to support projects with the highest long-term economic value for Canadians.

The government also plans to introduce a retail investment product, enabling individuals t...