Mr. Speaker, in 2024, England established a new fund that it explicitly refused to call a sovereign wealth fund because it was debt-financed, just like the fund announced by the Liberals last week. The Prime Minister should be aware of this. He served as an adviser to England during the process.
The Liberals are using a term that has proven itself, that works, and that is even appealing, but they are not using the formula that made it successful.
Why are the Prime Minister and his Minister of Finance selling us a pipe dream and continuing to saddle our country with debt? Do they think Quebeckers are stupid?