Ottawa's $25B Fund Sparks Debate on Government's Role in Building Canada's Energy Future

Mark Carney's proposed C$25 billion Canada Strong Fund would have the government borrow to take minority stakes in projects, raising questions about when public investment should create shared capacity versus pick winners. The article argues that broad infrastructure like electricity transmission benefits from public funding, while single large projects such as pipelines or LNG terminals carry narrower commercial risks. It suggests the real test is whether government expands the competitive arena or shifts public risk toward politically favored ventures.