Canada launches 'people’s fund' to break from Trump-era U.S.

Canada will create a sovereign wealth fund open to citizens to invest in infrastructure and energy projects in an effort to reduce its reliance on the United States, a plan pushed by Prime Minister Mark Carney that he says will be a “people’s fund” modeled after Norway. The fund would back pipelines, nuclear generation, and a high‑speed rail network, signaling a more independent path amid tensions with Trump’s U.S. government.