Back to today’s briefing

Story perspectives

Canada launches sovereign wealth fund; Trump rescinds Davos invite

4/28/2026

31 6 Full Breakdown

Summary

Story summary

Canada announced a sovereign wealth fund to reduce reliance on the United States.
The fund will operate like a company, allow citizen participation, and finance pipelines and nuclear projects.
Prime Minister Mark Carney said the fund counters U.S. tariffs on Canadian steel and automobiles and a hostile stance.
After Carney criticized a ‘rupture in the world order’ at Davos, President Donald Trump rescinded his invitation to the Board of Peace.

1 of 1

Story summary

Canada announced a sovereign wealth fund to reduce reliance on the United States.
The fund will operate like a company, allow citizen participation, and finance pipelines and nuclear projects.
Prime Minister Mark Carney said the fund counters U.S. tariffs on Canadian steel and automobiles and a hostile stance.
After Carney criticized a ‘rupture in the world order’ at Davos, President Donald Trump rescinded his invitation to the Board of Peace.