Carney’s sovereign wealth fund idea already failed in Britain

Carney’s sovereign wealth fund idea already failed in Britain

Wikimedia CommonsAuthor: Quinn PatrickMany Canadians are probably unaware, but this isn’t the first time Prime Minister Mark Carney has taken a crack at creating a sovereign wealth fund; he already tried it while serving as the Bank of England governor two years ago.The UK government launched the National Wealth Fund in 2024, which was also presented as a sovereign wealth fund and based on a report compiled by the Green Finance Institute, of whi…