The whole idea of a sovereign wealth fund is to reinvest surpluses, but our federal government has been running deficits for about 18 years. The first condition doesn't seem to be met.
Second, it looks like the sort of economic policy we've seen in the past with the Canada Infrastructure Bank. It was a bad economic policy 10 years ago and it's still a bad economic policy today.
The idea behind a sovereign wealth fund is to reinvest surpluses. The federal government is running deficits, so this first condition does not appear to be met. This is very familiar; it looks like the kind of economic policy we saw 10 years ago under the Trudeau government with the Canada Infrastructure Bank. It was bad economic policy 10 years ago under Prime Minister Trudeau—