Does Poilievre Know More About Economics Than Carney?

Added: 2026-05-07

[00:00:00]The debt fund slogan is a great soundbite, but if you actually want to build a country that stops relying on the whims of global markets, we have to look past the slogans and how the money actually moves. Some of the countries around the world um you will note have sovereign wealth funds.

[00:00:20]You need to have wealth for those funds.

[00:00:22]Carney has no surplus and therefore no wealth to put in such a fund. He's talking about a sovereign debt fund.

[00:00:31]>> The critique that we don't have the money also misses the point of how national wealth is actually created.

[00:00:38]When a business owner takes out a loan to buy a piece of equipment that will triple their production, they aren't spending money. They're investing in an asset that pays for itself and then some.

[00:00:51]That is exactly what a sovereign wealth fund does for a country. By using our national balance sheet to secure stakes in critical minerals, energy, and tech, we are ensuring the profits from Canadian resources stay in Canadian pockets instead of being shipped off to foreign state-owned enterprises or private equity firms in Silicon Valley.

[00:01:17]For those who feel the current government has failed them, the sovereign wealth fund is actually the most Canadian first policy we've seen in decades.

[00:01:27]It's about taking our destiny out of the hands of the big banks and the global elite and putting it into a fund that every Canadian can eventually buy into directly.

[00:01:38]It creates a buyin for the citizens, allowing your personal savings to grow alongside the country's biggest projects.

[00:01:47]If we just scream debt fund and walk away, we're essentially saying we're okay with foreign countries owning our future.

[00:01:56]The opposition leader is using slogans to appeal to his base.

[00:02:01]He said this is a debt fund because we don't have a surplus, but that's like saying a business shouldn't take out a loan to build a factory.

[00:02:11]He's looking at this like a household budget. But a country is an institution that needs to secure its own supply chains for the next 50 years. This isn't about spending. It's about ownership.