Mr. Speaker, the premise of the member's question is that the Liberal slush fund has nothing similar to any of the sovereign wealth funds that have been successfully created in the past by other countries.
First of all, other sovereign wealth funds are allowed to invest globally in an investment opportunity set that would maximize risk-adjusted returns. This Liberal slush fund would be restricted to a few selected investment decisions that would benefit projects tied to Liberal insiders.
Second, this Liberal slush fund was pitched by Brookfield, which is none other than the financial firm the Liberal Prime Minister was the chair of in 2024. Guess when it was pitched. It was pitched in 2024.
There are many striking similarities between this so-called sovereign debt fund and the Liberal corruption we have seen in the past.
