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The Canada Strong Fund — Invest Like the Government

  Published on MoneySavings.ca | Personal Finance | May 2026 Imagine being able to put your savings into the same fund the federal government is betting $25 billion on. For the first time in Canadian history, that's exactly what Ottawa is offering you — a front-row seat (and a direct stake) in the country's biggest nation-building push in generations. On April 28, 2026, Prime Minister Mark Carney announced Canada's first national sovereign wealth fund — the Canada Strong Fund. It's a bold, headline-grabbing idea: let everyday Canadians invest directly alongside the government in the ports, pipelines, mines, and infrastructure projects shaping our economic future. But before you start redirecting your TFSA contributions, let's break down exactly what this fund is, what it promises, what it costs — and whether it might belong in your financial plan. What Is the Canada Strong Fund? A sovereign wealth fund is a state-owned investment vehicle. Countries like Norw...
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Red Sea Tensions Delay Oil Shipments from Saudi Arabia and Iraq


Tankers carrying nearly 9 million barrels of oil from Iraq and Saudi Arabia have been forced to delay their deliveries due to Red Sea security threats. The attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the region. The Red Sea carries an estimated 9 million barrels a day of oil shipments, representing about 10% of global demand, while the route covers almost one-third of global container traffic and around 12% of global goods trade. The diversions and delays highlight the chaos in the shipping industry that’s spilling over into the wider economy and raising the risk of inflation as flows of food and other goods get disrupted.

The diverted vessels are heading toward Africa, which is a longer voyage from the Middle East to refiners and consumers in Europe. The detour can add more than two weeks’ sailing time when compared with the trip from the Persian Gulf through the Red Sea and Suez Canal. The Middle East, which produces about a third of the world’s crude, ships most of it to Asia and those supplies aren’t affected. Crude prices in London are below $80 a barrel.

The situation is still developing, and it remains to be seen how long the threat will persist. However, the current situation has already had a significant impact on the oil industry and the global economy.

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