Our Senior Fellow Bryan Cheang’s report ‘Borrowed Wealth: How the Canada Strong Fund Repeats Other Countries’ Mistakes’, published by the Montreal Economic Institute on 13 August 2026.

It has gained press attention in the National Post (link)

Brief:
The Carney government’s “Canada Strong Fund” bears little resemblance to the Norwegian model it claims to emulate. Ottawa wants to borrow $25B for government-picked investments while already running massive deficits. Instead of gambling with taxpayer money, Ottawa should lower taxes and reduce red tape to make Canada’s economy more resilient and competitive.

The main report’s full text is available here: https://www.iedm.org/borrowed-wealth-how-the-canada-strong-fund-repeats-other-countries-mistakes/

Download paper
Centre for the Study of Governance & Society
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